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General gov't primary surplus shrinks to 419 mln in January
EconomyMacroeconomy(ELA) bank guarantees. Both movements reflect the tight liquidity conditions of Greek banks... billion at the end of January, while ELA bank guarantees reached 5.8 billion from zero since June 2014
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Greek deposits fell by 7.7 bln in Feb and total of 24.6 bln since Dec
EconomyMacroeconomyof this amount (65.6 billion) relates to ELA funding and the remaining 38.6 billion to ECB funding almost entirely comprised by EFSF bonds. The ECB raised on Wednesday the ELA limit for Greek banks by 1.3
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General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up
EconomyMacroeconomya rise in the Emergency Liquidity Assistance (ELA) bank guarantees by 16.57 billion and a decline... guarantees stood at 47 billion wueos, while ELA bank guarantees reached 22.37 billion. Overall, bank
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General gov't primary surplus halves in Q1, arrears and guarantees jump
EconomyMacroeconomystems the Emergency Liquidity Assistance (ELA) bank guarantees which climbed from zero in December.... Only in March, ELA guarantees jumped by more than 46 billion, while bank support scheme guarantees
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Eurogroup leaves Greece in limbo, with liquidity drying up
PoliticsGreek Politicsby Greek banks for emergency liquidity (ELA). However, Eurogroup chief Jeroen Dijsselbloem stressed... consequences. The governing council decided on Tuesday to increase Greece's ELA limit by 1.1 billion
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Greek stock market loses 1.8 pct in week of mixed messages, Q1 results
Economyto keep the ELA limit for Greek banks unchanged. The Athens Stock Exchange's general index landed... on Greek banks’ ELA limit and collateral haircut.
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Sharp drop in gg primary surplus by end-April, arrears keep rising
EconomyMacroeconomy(ELA) bank support guarantees. Since the beginning of the year, gg guarantees rose by 74.37 billion from the end-2014 figure of 60 billion. The YtD change is entirely attributed to a jump in ELA
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Greece and lenders talk at cross purposes, head for crisis summit
PoliticsGreek Politicsan increase in the ELA cap by 1.1 billion but reports suggested that around 1 billion euros was withdrawn... published in late May, Greek banks held collateral that could provide them with an additional ELA
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Eurogroup inconclusive on new Greek proposals but opens path for agreement
PoliticsGreek Politicsthe Emergency Liquidity Assistance (ELA) to Greek banks. However, as happened on Monday, this may... for the third time over the past five days the ELA limit for Greek banks. The amount was not disclosed
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Newsletter 32 - 26/06/2015
assistance (ELA), which reached a total of 77.58 billion euros at the end of May – the highest it has been since December 2012. ELA reached a total of 77.58 billion euros at the end of May. May saw
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