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Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010
EconomyMacroeconomyGreek banks’ Eurosystem funding dropped by another 5.71 billion euros in June, after falling... of May, Eurosystem funding stood at 50.66 billion. The monthly movement is due to a drop in ECB funding by 5.7 billion euros to 44.95 billion. The Emergency Liquidity Assistance (ELA) funding also fell
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Greek banks' Eurosystem funding sees reduced drop of 334 mln in July
EconomyMacroeconomyfunding eased by just 334 million in July, according to the Bank of Greece's (BoG) monthly financial... is entirely attributed to European Central Bank funding dropping by a further 335 million to 44.62 billion euros. The Emergency Liquidity Assistance (ELA) funding rose by 0.91 million to 1.55 million
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SYRIZA hits back in funding row, says it could issue T-bills and use repos
EconomyThe issue of covering short-term funding needs remains at the forefront of the confrontation... the same funding tools as the current coalition, the Finance Ministry (MoF) issued a press release... level of T-Bills for central bank funding purposes, enabling Greek banks to use this funding source
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Greece's imminent funding problems: All the numbers you need
EconomyProgrammeto take it past June, it has to overcome its pressing funding needs, with March probably being the biggest hump it has to get over during the next four months. Greece's funding shortage is stretched...-Bills for ELA funding (as they could with the ECB before February 11) for an amount up to 3.5
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Greek banks' Eurosystem funding at 13-month high of 104.2 bln in Feb as ELA rises
EconomyMacroeconomyAs expected, Greek banks’ Eurosystem funding climbed by another 16.77 billion euros month on month... evolution also showed an expected material change in the funding mix. In particular, the Emergency Liquidity Assistance (ELA) funding jumped by 60.41 billion MoM to 65.64 billion in February. The monthly
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Greek Eurosystem funding up by 2.9 bln in March, reaches total of 107.1 bln
EconomyMacroeconomyAfter a sharp rise by 16.77 billion euros in February, Greek banks’ Eurosystem funding increased... Assistance (ELA) funding by 2.87 billion to 68.51 billion. This was the highest reading since December 2012. The monthly increase in the ELA funding most likely reflects an equal amount of deposit
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Eurosystem funding for Greek banks up by 5.6 bln in Apr, reaches 112.8 bln
EconomyMacroeconomyAs expected, Greek banks’ Eurosystem funding rose at a rising pace by 5.66 billion euros in April... Assistance (ELA) funding by 5.86 billion to 74.37 billion. This is the highest reading since December 2012. The rise in the ELA funding in April is similar to the increase of 5.6 billion in the ELA cap set
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Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
EconomyMacroeconomyGreek banks’ Eurosystem funding increased for the eighth straight month in May but at a slower pace... euros and indicates the highest reading since December 2012. In addition, the Central Bank funding... billion eurps almost entirely stems from a rise in the Emergency Liquidity Assistance (ELA) funding
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Funding needs take centre stage in row between New Democracy and SYRIZA
Economyelections is the issue of Greece’s funding needs by the end of March and the way they would be covered by the new government. According to Kathimerini daily, the breakdown of funding needs of 4.6... profits. This would mean that Q1 funding needs could be more than covered by these combined tranches
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ELA funding up by 9.2 bln in June, banknotes in circulation reach all-time high
EconomyMacroeconomyGreek banks’ Eurosystem funding rose by 10.17 billion euros in June after increasing by 3.56... for the ninth straight month. In absolute figures, Eurosystem funding reached 126.57 billion at the end... attributed to a jump in the Emergency Liquidity Assistance (ELA) funding by 9.19 billion to 86.77
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