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The state of play with Greek banks' liquidity
Economyof Greek banks’ access to Emergency Liquidity Assistance (ELA) funding. The request submitted by the Bank... for the approval like other ECB funding operations such as TLTROs. However, ELA can be restricted if the ECB... stands at 1.55 percent, 150 basis points above the respective ECB funding cost of 0.05 percent
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Newsletter 88 - 16/09/2016
, by the end of the month, the 15 milestones that would unlock further funding. On top... cautious on whether tourism revenues will see similar growth. Greek banks’ Eurosystem funding was reduced... liquidity assistance (ELA) and ECB funding, which fell by 2.55 and 1.83 billion, respectively. Market
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Survey shows that Greeks cut back on healthcare visits in 2017
Societyon visits to the doctor. The findings were presented at the 13th congress on management, economics.... This can be interpreted as an outcome of slashed public health funding during the years of the crisis... and Crete had the lowest (64.4 percent). The findings reflect that those with a more stable economic
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Greeks graduating after 2011 encountered limited opportunities, low pay
Societyfunding to universities and teaching staff had been slashed during the years of the crisis, falling 24 percent and 19.2 percent, respectively. Though the figure for funding cuts is lower than... spending (20 percent). Operational funding fell by around 66 percent. Most of the graduates surveyed from
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SYRIZA pushes alternative cost-of-living package but govt support still a vote-winner
PoliticsGreek Politicsround, the gap widened further to 9.7 pct. The findings suggest that despite the derision heaped... as an attempt to enhance transparency around media ownership and funding, however critics fear it opens... funding will be allocated. While this is presented as a response to the criticism the government
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What are the implications of the ECB's decision for Greek banks?
Economylenders. This move means that such collaterals would not be eligible for ECB funding as of February... banks’ ECB funding stood at 56 billion euros at the end of December. This figure reportedly rose close.... At the end of September, Greek banks had pledged 17 billion EFSF bonds for ECB funding and 18 billion
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Greek banks on cusp of improved liquidity conditions
Agorarequirements for ECB funding purposes) was initially introduced on December 19, 2012 following a positive... (GGBs), T-Bills, pillar II and III bonds, used as collateral for ECB funding via the Emergency... would no longer be eligible as collateral for ECB funding from March 1, 2015. This means
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Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead
Agorafrom last year. The improvement mostly reflects lower wholesale funding cost, stemming from the reduced reliance on the Emergency Liquidity Assistance (ELA) funding coupled with lower holdings... figures displayed Greek banks’ reliance on Eurosystem funding dropped by 14.31 billion euros QoQ to 87.14
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Newsletter 211 -21/06/2019
their dependency on emergency financing from the central bank (ELA), a sign of normalisation in funding... industrial groupings. Eurosystem funding drops by 399 mln in May Figure for ELA collateral falls to zero during the month The composition of Eurosystem funding for May revealed that ECB funding made up 100
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One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
EconomyFeaturesreported that the sector received record funding in 2021, approaching a total 1 billion USD. The news has... exceeded 1 million euros. Funding Funding, as one would expect to a degree, is also unequally... no external funding at all. About three in 10 received private funding, with the balance raising money
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