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  1. Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
    Photo by MacroPolis

    EconomyMacroeconomy

    up 71.5 percent of the total withdrawn liquidity. It is worth noting that the collateral pledged... funding landed at 56.92 billion at the end of May, which remains the lowest reading since December

    8%
  2. Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity

    EconomyMacroeconomy

    of the total withdrawn liquidity. The collateral pledged with BoG and the ECB also fell by 2.7 billion... the largest drop since February this year. As a result, central bank funding landed at 54.25

    8%
  3. Disposable income edges down 0.1 pct in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that the employees’ total remuneration edged up by 0.2 percent in Q1 after a decrease of 0.3 percent.... The absolute figure landed at 26.17 billion euros and largely reflects an increase in social

    8%
  4. Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the 6-month period, almost spot on target. As a result, total expenditure dropped by 3.2 percent to 22.86... successive month by 7 percent in June, after a double-digit drop of 11.8 percent in May and landed at 3.24

    8%
  5. Eurosystem funding drops by 3.9 bln in July on big decline in ELA
    Photo by Kiefer via Flickr https://flic.kr/p/q2j8Dt

    EconomyMacroeconomy

    month, with ELA funding representing around 68.6 percent of the total withdrawn liquidity... of 2.67 billion. As a result, central bank funding landed at 50.37 billion euros at the end of July

    8%
  6. Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    exactly matching the target. As a result, total expenditure dropped by 1.8 percent to 27.55 billion... percent, the highest level for the year so far, after falling by 7 percent in June and landed at 3.85

    8%
  7. Alpha Bank remains profitable in Q2, NPEs reduced further
    Photo by MacroPolis

    EconomyBanking

    Liquidity Assistance (ELA) funding has been reduced by a total of 3.1 billion since March to 9.1... million euros QoQ in Q2, from 123 million in Q1, and landed at 27 billion. Specifically, new

    8%
  8. Eurosystem funding drops by 5.1 bln in Aug driven by ELA fall
    Photo by Kiefer via Flickr https://flic.kr/p/q2j8Dt

    EconomyMacroeconomy

    around 68.1 percent of the total withdrawn liquidity. The collateral pledged with BoG and the ECB.... As a result, central bank funding landed at 45.30 billion euros at the end of August, which

    8%
  9. Disposable income grows by 0.2 pct in Q2 on higher remuneration, consumption rises
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    that employees’ total remuneration grew by 2.5 percent, rising on the previous quarter’s marginal... revealed on Friday. The absolute figure landed at 29.28 billion euros and largely reflects an increase

    8%
  10. Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
    Image via www.piraeusbank.gr

    EconomyBanking

    for two NPE disposal transactions, one for business and one for consumer loans, of a total NPE on balance... and landed at 22.1 billion, driven mostly by business loans, followed by mortgages and consumer

    8%