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Athens claims Ankara meeting smoothed relations despite lack of progress on key issues
PoliticsGreek PoliticsPM Kyriakos Mitsotakis and Turkey’s President Recep Tayyip Erdogan agreed to disagree on the major issues dividing the two countries but shook hands on a number of bilateral deals at long-awaited...”, a designation rejected by Greece. Having drawn their respective lines around the outstanding bilateral issues
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General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop
EconomyMacroeconomyAssistance (ELA) by 6.6 billion and a decrease in bank support scheme guarantees by 2.5 billion..., while ELA guarantees fell to 3.12 billion.
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Tsipras remains sketchy on coalition options, negotiating positions
PoliticsGreek PoliticsEmergency Liquidity Assistance (ELA) scheme. “Today Greek banks refinance their loans from the Eurosystem... to ELA the cost will be around 1.55 percent.” Tsipras also suggested he would challenge Germany’s
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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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S&P raises Greece’s rating by two notches in first upgrade since Sept 2014
Economythe ceiling in Emergency Liquidity Assistance (ELA) to Greek banks As a result, S&P believes Greece... its capital stock and create jobs, according to the rating agency. Despite the raise in ELA limit
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General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept
EconomyMacroeconomyand Emergency Liquidity Assistance (ELA) bank guarantees by 0.5 billion. Overall, gg guarantees landed... billion. The bulk of the outstanding stock relates to ELA guarantees of 53.4 billion (from zero
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General gov't primary cash surplus widens notably to 4.84 bln by October
EconomyMacroeconomyLiquidity Assistance (ELA) bank guarantees by 1.17 billion. Overall, gg guarantees increased by 61 billion... involves ELA guarantees of 54.6 billion (from zero in December) and bank support guarantees of 51.2
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General government primary cash surplus widens notably to 5.14 bln at end of Nov
EconomyMacroeconomyAssistance (ELA) guarantees by 3.4 billion each. The bulk of the outstanding guarantees relate to ELA
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General gov't primary cash surplus climbs to 1.3 bln in Jan, arrears resume upward trend
EconomyMacroeconomyAssistance (ELA) guarantees by 3.69 billion. The bulk of the outstanding guarantees involve ELA guarantees
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Newsletter 67 - 18/03/2016
had lowered the emergency liquidity assistance (ELA) ceiling of Greek banks by 100 million to 71.3 billion euros. Since mid-August, the ELA cap has been cut by 19.7 billion amid reduced uncertainty
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