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Marginal net losses of 2 mln for Alpha in Q1
EconomyBankingdue to the reduced reliance on the Emergency Liquidity Assistance (ELA) funding, which was offset... or risk between 160-170 bps in 2016, while does not expect any material change in the next few quarters... reduced by 0.3 billion QoQ to 24.1 billion euros at the end of March with ELA funding at 19.7 billion
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Excess of vaccines in Serbia will go to waste
Agoraeach. Residents of Serbia can choose between the Chinese Sinofarm, the Russian Sputnik V vaccine... vaccines to North Macedonia, 2,000 doses of Sputnik V to Montenegro, and 10,000 vaccines produced... Sputnik V vaccines to Republika Srpska. Unfortunately, the donation sparked controversy in B&H
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Summit to usher in a new stage of EU-China relations
Agorathey see as Beijing’s incremental slide into European territory. Heated debates on Huawei... or the telecoms sector, as the dispute over 5G and Huawei shows. Lastly, the million-dollar question
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The ECB's strict rules apply if you dare not comply
Agoraprogramme, two times on the Emergency Liquidity Assistance (ELA) that Greek banks resorted to after the ECB... for the end of April." The ECB is drip feeding Greek banks with liquidity via the ELA provided by Bank of Greece, and with the cap on T-bills issuance as well as the threshold of those that it accepts as ELA
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Primary surplus 3.1 bln above target in H1 on severe underspend
EconomyMacroeconomyfrom the liquidity support plan, had a material positive impact on revenues, since they reached 866... Liquidity Assistance (ELA) funding purposes. This item also includes an extraordinary item of 556... on month, meaning a material under-spending this month. The breakdown showed salaries and pensions
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Greek primary cash surplus reaches 1.8 bln in H1 2014
EconomyMacroeconomynot show any material change in the breakdown with the large majority of arrears (57 percent...: a) The elimination of the guarantees related to the Emergency Liquidity Assistance (ELA) to zero in June, from 9.79 billion in December, following the Greek bank’s zero reliance on ELA funding
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Greek primary cash surplus more than doubles to 2.45 bln at end of August
EconomyMacroeconomy) and extrabudgetary funds (188 million) remained at the low end and did not show any material... to the Emergency Liquidity Assistance (ELA) to zero in June, from 9.79 billion in December. This development follows Greek banks’ zero reliance on ELA funding as of May. b) A decline in bank support scheme
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Greek primary cash surplus up to 3.1 bln in September but state arrears also rise
EconomyMacroeconomybudget in particular, shows a material improvement by more than 3 billion YoY and 500 million month... significant YtD changes relate to: a) The elimination of the Emergency Liquidity Assistance (ELA... banks’ zero reliance on ELA funding as of May. b) A reduction in the bank support scheme guarantees
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General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing
EconomyMacroeconomymechanisms for 2013 in the larger healthcare provider (EOPYY) rather than a material cut in arrears...) The elimination of the Emergency Liquidity Assistance (ELA) guarantees from 9.79 billion in December to zero as of June. That development reflected Greek banks’ zero reliance on ELA funding as of May
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General gov't primary surplus halves in Q1, arrears and guarantees jump
EconomyMacroeconomybillion. The evolution of other debt components did not show any material movement in March or in Q1... stems the Emergency Liquidity Assistance (ELA) bank guarantees which climbed from zero in December.... Only in March, ELA guarantees jumped by more than 46 billion, while bank support scheme guarantees
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