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  1. In 16th successive fall, Eurosystem funding drops by 3.5 bln in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding dropped by another 3.53 billion euros in October after a decrease... on Thursday. As a result, central bank funding balance fell for the 16th straight month to 71.78 billion... to a reduction in both the ECB and the Emergency Liquidity Assistance (ELA) funding by 2.24 and 1.29 billion

    2%

  2. 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

    Greek banks’ Eurosystem funding headed south for the twentieth straight month in February, albeit... of central bank funding landed at 61.88 billion euros, which is the lowest reading since the end of 2014. However, the Emergency Liquidity Assistance (ELA) funding increased by 330 million in February

    2%

  3. New businesses lowest in Greece versus EU with funding obstacles burdening enterprises
    Photo by MacroPolis

    EconomyFeatures

    in 2016 and edging down slightly to 4.48 percent in 2017. Lack of funds Reflecting the findings... at the fourth annual Growth Awards on Monday showed that lack of access to funding is one..., but struggle to secure this funding. Despite the improving economic profile of recent years, investment

    2%

  4. April saw first rise in Greek banks' Eurosystem funding this year

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise... of March. The monthly increase primarily stems from a rise in ECB funding by 1.03 billion to 58.84 billion. In addition, the Emergency Liquidity Assistance (ELA) funding slightly grew by 0.24 billion

    2%

  5. Greek banks' Eurosystem funding declines by another 53 mln in August

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding slipped by just 53 million euros in August - the slowest pace... November 2009. The marginal drop in August is fully attributed to ECB funding, while the Emergency Liquidity Assistance (ELA) funding remains at only 0.7 million euros in August from 1.6 million in July

    2%

  6. ELA funding drops by 1.58 bln in Sept for third straight fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding slipped for the third straight month in September, when it fell.... Overall, Central Bank funding has been reduced by 5.19 billion euros over the past three months. The absolute figure showed Eurosystem funding reached 121.39 billion euros in September, which is the lowest

    2%

  7. Eurosystem funding slips by further 1.9 bln to 104.2 bln in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding continued heading south for the eighth straight month in February..., central bank funding has dropped by 22.35 billion euros, amid reduction of uncertainty, stabilisation... of Eurosystem funding with interbank repos. The Emergency Liquidity Assistance (ELA) funding slipped

    2%

  8. Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding dropped by another 5.71 billion euros in June, after falling... of May, Eurosystem funding stood at 50.66 billion. The monthly movement is due to a drop in ECB funding by 5.7 billion euros to 44.95 billion. The Emergency Liquidity Assistance (ELA) funding also fell

    2%

  9. Greek banks' Eurosystem funding sees reduced drop of 334 mln in July

    EconomyMacroeconomy

    funding eased by just 334 million in July, according to the Bank of Greece's (BoG) monthly financial... is entirely attributed to European Central Bank funding dropping by a further 335 million to 44.62 billion euros. The Emergency Liquidity Assistance (ELA) funding rose by 0.91 million to 1.55 million

    2%

  10. SYRIZA hits back in funding row, says it could issue T-bills and use repos

    Economy

    The issue of covering short-term funding needs remains at the forefront of the confrontation... the same funding tools as the current coalition, the Finance Ministry (MoF) issued a press release... level of T-Bills for central bank funding purposes, enabling Greek banks to use this funding source

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