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  1. Newsletter 63 - 19/02/2016

    Newsletters

    (ELA) ceiling for Greek banks by 100 million to 71.4 billion. Since mid-August, the ECB has cut the ELA ceiling 13 times by a cumulative amount of 19.6 billion on reduced uncertainty and stabilisation of the private deposit flow. The most notable reduction was evident in December, when the ELA ceiling

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  2. Newsletter 79 - 24/06/2016

    Newsletters

    morning that the ECB lowered the ELA ceiling for Greek banks by 3.1 billion through to June 29... ceiling by almost 30 billion on the back of a reduction of uncertainty, the stabilisation of private deposit flows and the successful bank recapitalisation. In addition, the latest decision on ELA-ceiling

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  3. Newsletter 128 - 21/07/2017

    Newsletters

    to a report in The Wall Street Journal, the ceiling was set at 325 billion euros of central government... population. Industrial turnover up 19 pct in May ELA funding ceiling falls by further 1.1 billion to 40.5... of the Emergency Liquidity Assistance (ELA) ceiling for Greek banks to 40.5 billion, reduced by 1.1

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  4. Pension and income tax reform bill sets out 4.4 bln in new measures

    EconomyProgramme

    on April 19, except the new pension ceiling. This is now set at 2,000 euros (instead of 2,304) for a single.... 4) Increase in the insured income ceiling – 25 million..... 8) Lower pension ceilings – 98 million. 9) Lower family allowances for new pensioners – 23 million

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  5. Sharp drop of 5.3 bln for Greek ELA funding after completion of capital increases

    EconomyMacroeconomy

    the ELA ceiling by 7.8 billion euros to 77.9 billion amid improving liquidity for Greek banks following the equity raising. Since August 18, the ELA ceiling has been lowered by 13.1 billion, which

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  6. Pension reform brings painful overhaul in social security contributions for self-employed

    Economy

    at 2,300 euros, while the relevant income ceiling for contribution calculations is set at 5,900 euros.... Press reports indicate this ceiling could reach 55 percent for annual income between 20 and 30,000

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  7. Houliarakis provides clearest view so far on Athens's debt relief expectations
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    this scenario, Houliarakis said that the gross financing needs exceed the 15-percent ceiling... the 15-percent ceiling as of 2030. It also reduces the net present value (NPV) of Greek debt to 80

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  8. Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    represents the lowest reading since January 2015. The ECB decided to reduce the ELA ceiling for Greek... ceiling had remained stable at 46.3 billion. Meanwhile, Greek banks’ reliance on ECB funding further

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  9. With tax-free threshold set for change, income declarations underline need for rethink
    Photo by Lazaros Koutsoukos/Fosphotos

    EconomyProgramme

    euros from its current level of 8,636 euros (for a single person). The current ceiling... amount of additional revenues. The large decrease in the ceiling means that this option is unlikely

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  10. Deposit flow turned positive in March, with inflows of 278 million
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    in the previous month. Moreover, after a rise in the ELA ceiling by 400 million on March 23, the ECB kept that figure stable on April 6. On Thursday, it decided to reduce the ceiling by 100 million following

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