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Greece's imminent funding problems: All the numbers you need
EconomyProgrammeto take it past June, it has to overcome its pressing funding needs, with March probably being the biggest hump it has to get over during the next four months. Greece's funding shortage is stretched...-Bills for ELA funding (as they could with the ECB before February 11) for an amount up to 3.5
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Greek banks' Eurosystem funding at 13-month high of 104.2 bln in Feb as ELA rises
EconomyMacroeconomyAs expected, Greek banks’ Eurosystem funding climbed by another 16.77 billion euros month on month... evolution also showed an expected material change in the funding mix. In particular, the Emergency Liquidity Assistance (ELA) funding jumped by 60.41 billion MoM to 65.64 billion in February. The monthly
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Greek Eurosystem funding up by 2.9 bln in March, reaches total of 107.1 bln
EconomyMacroeconomyAfter a sharp rise by 16.77 billion euros in February, Greek banks’ Eurosystem funding increased... Assistance (ELA) funding by 2.87 billion to 68.51 billion. This was the highest reading since December 2012. The monthly increase in the ELA funding most likely reflects an equal amount of deposit
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Eurosystem funding for Greek banks up by 5.6 bln in Apr, reaches 112.8 bln
EconomyMacroeconomyAs expected, Greek banks’ Eurosystem funding rose at a rising pace by 5.66 billion euros in April... Assistance (ELA) funding by 5.86 billion to 74.37 billion. This is the highest reading since December 2012. The rise in the ELA funding in April is similar to the increase of 5.6 billion in the ELA cap set
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Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
EconomyMacroeconomyGreek banks’ Eurosystem funding increased for the eighth straight month in May but at a slower pace... euros and indicates the highest reading since December 2012. In addition, the Central Bank funding... billion eurps almost entirely stems from a rise in the Emergency Liquidity Assistance (ELA) funding
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Funding needs take centre stage in row between New Democracy and SYRIZA
Economyelections is the issue of Greece’s funding needs by the end of March and the way they would be covered by the new government. According to Kathimerini daily, the breakdown of funding needs of 4.6... profits. This would mean that Q1 funding needs could be more than covered by these combined tranches
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ELA funding up by 9.2 bln in June, banknotes in circulation reach all-time high
EconomyMacroeconomyGreek banks’ Eurosystem funding rose by 10.17 billion euros in June after increasing by 3.56... for the ninth straight month. In absolute figures, Eurosystem funding reached 126.57 billion at the end... attributed to a jump in the Emergency Liquidity Assistance (ELA) funding by 9.19 billion to 86.77
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Eurosystem funding down by 2 bln in Oct for fourth straight fall
EconomyMacroeconomyGreek banks’ Eurosystem funding continued heading south for the fourth straight month in October...) monthly financial statement showed on Monday. Since July, Central Bank funding has been reduced by 7.19 billion. In absolute terms, Euroystem funding landed at 119.38 billion euros in October, which
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ELA funding down by 1.48 bln in July for first monthly drop since May 2014
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by 1.29 billion euros in July after rising by 10.17 billion.... This was the first drop in central bank funding since September 2014. The absolute figures showed Eurosystem funding landed at 125.29 billion euros at the end of July, from 126.57 billion at the end
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ELA funding down by 1.23 bln in August for second successive fall
EconomyMacroeconomyGreek banks’ Eurosystem funding eased for the second successive month in August, when it fell... statement showed on Monday. In absolute terms, Eurosystem funding stood at 124.06 billion euros... 2014 at 42.57 billion. The decrease in central bank funding is entirely due to a decline
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