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  1. Our most popular stories in 2014

    Agora

    , which was made public on Friday, deems that the emergency property tax introduced in 2011 and levied... the Council of State, which last year deemed the emergency tax to be legal but said

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  2. What are the implications of the ECB's decision for Greek banks?
    Photo by ECB via Flickr https://flic.kr/p/qhZVDy

    Economy

    (BoG) and the Emergency Liquidity Assistance (ELA) mechanism. Reaction in Athens The Greek Finance... and ELA funding, the ECB still has the last word since emergency liquidity can be blocked

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  3. Newsletter 20 - 20/03/2015

    Newsletters

    , the banks’ NII will be hit as of February by the increased volume and cost of emergency liquidity... provided to Greek banks through emergency liquidity assistance (ELA). As the Greek government’s coffers

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  4. Greece: How events could unfold over the next few weeks
    Photo by MacroPolis

    PoliticsGreek Politics

    or at a subsequent emergency Eurogroup meeting (the next one scheduled is June 18) and the other that the various... will be on the European Central Bank and whether it will continue to provide Emergency Liquidity Assistance to Greek

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  5. Lack of liquidity, political cost push Greek gov't to seek swift deal with lenders
    Photo by MacroPolis

    PoliticsGreek Politics

    the meeting at the sidelines of the emergency European Union summit on migration. These include labour market... the next few days an emergency Eurogroup could be held before the end of the month to assess if a deal

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  6. Newsletter 24 - 24/04/2015

    Newsletters

    will have to cover this liquidity shortfall through additional emergency liquidity assistance (ELA... to call an emergency Eurogroup before the end of the month and that some funding would be released

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  7. Greece expects no surprises from ECB despite questioning chances of deal

    PoliticsGreek Politics

    banks seeking emergency liquidity (ELA). Deputy Prime Minister Yiannis Dragasakis and the head... decision and that there is likely to be a rise in Emergency Liquidity Assistance to Greek banks

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  8. Eurogroup leaves Greece in limbo, with liquidity drying up
    Photo by EU Council Eurozone https://flic.kr/p/sspzHv

    PoliticsGreek Politics

    by Greek banks for emergency liquidity (ELA). However, Eurogroup chief Jeroen Dijsselbloem stressed... the last three decades for emergency payments to the IMF. Reports suggest that there was about 650

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  9. How Greek banks can balance on the collateral tightrope
    Photo by MacroPolis

    Agora

    the extent to which Greek banks will continue to be able to draw emergency liquidity to cover the outflow... impact on banks’ liquidity since those outflows have to be replaced by Emergency Liquidity Assistance

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  10. Lenders put together proposal that may leave Tsipras struggling

    PoliticsGreek Politics

    programme in order to allow the European Central Bank to maintain the supply of emergency liquidity to Greek lenders. While the continuation of the Emergency Liquidity Assistance scheme and the flow

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