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  1. Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by 11.3 billion euros in May, the highest monthly drop since.... The monthly movement largely reflects a decline of the ECB funding by 8.18 billion euros to 50.66 billion. In addition, the Emergency Liquidity Assistance (ELA) funding was eliminated at just 3.6 million

    3%

  2. Eurosystem funding falls by 4.38 bln in October as ELA declines

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by an additional 4.38 billion euros in October, Bank of Greece's (BoG) monthly financial statement revealed on Tuesday. The reduction led central bank funding... in Emergency Liquidity Assistance (ELA) funding by 5.74 billion euros, which offset a rise

    3%

  3. Eurosystem funding rises by 786 mln in December, banknotes in circulation rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding rose by around 786 million euros in December, Bank of Greece's (BoG) monthly financial statement revealed on Monday. The rise brought central bank funding to 33.67 billion euros for the month, and represents the first increase in total Eurosystem funding since June

    3%

  4. Eurosystem funding down to 12.23 bln in September, banknotes rise for second month
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding declined by 404 million euros month-on-month (MoM) in September... the total for central bank funding to 12.23 billion euros compared to August’s sum of 12.63 billion euros. Since the start of the year, Eurosystem funding has declined by around 21.44 billion. September’s

    3%

  5. Eurosystem funding rises to 13.2 bln in October, banknotes up for third month
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding increased by 974 million euros month-on-month (MoM) in October... for central bank funding comes to 13.20 billion euros compared to September’s sum of 12.23 billion euros. Since the start of the year, Eurosystem funding has declined by around 20.47 billion. October

    3%

  6. Banks' reliance on Eurosystem funding eases for seventh straight month in Nov

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding, the combined liquidity they have received from the European.... Monthly movement reflects an increase in ELA funding by 1.46 billion euros to 9.42 billion and a drop in ECB funding by 1.80 billion to 60.68 billion. The outstanding balance stood at 70.09 billion euros

    2%

  7. 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

    Greek banks’ Eurosystem funding fell for the 25th successive month in July when it declined... of 2.67 billion. As a result, central bank funding landed at 50.37 billion euros at the end of July... in the Emergency Liquidity Assistance (ELA) funding by 3.37 billion, the largest drop since June 2016

    2%

  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

    Greek banks’ Eurosystem funding fell for 26 successive months in August when it reduced.... As a result, central bank funding landed at 45.30 billion euros at the end of August, which... Assistance (ELA) funding by 3.70 billion euros, the largest drop since June 2016. Additionally

    2%

  9. Eurosystem funding drops by 1.45 bln in March as ELA reduction offsets ECB rise
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by around 1.45 billion euros in March, the Bank of Greece's (BoG) monthly financial statement revealed on Friday. This decline took central bank funding to 24.84... three months of the year, Eurosystem funding has fallen by approximately 8.83 billion. The decline

    2%

  10. Eurosystem funding decline picks up pace to 3.26 bln in April

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell notably by 3.26 billion euros in April, Bank of Greece's (BoG... funding to 21.59 billion euros for the month, down from the total of 24.84 billion noted in March. In the first four months of the year, Eurosystem funding has fallen by approximately 12.09 billion

    2%