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  1. Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
    Photo by MacroPolis

    EconomyBanking

    , increased repos and deposit inflows. In specific, the Emergency Liquidity Assistance (ELA) funding dropped

    3%

  2. Eurobank remains profitable with net profits of 46.2 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    in Q2 and further by 3.5 billion until August. The breakdown displayed the Emergency Liquidity

    3%

  3. One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    percent QoQ to 482 million largely driven by lower funding cost due to reduced Emergency Liquidity

    3%

  4. Newsletter 86 - 02/09/2016

    Newsletters

    funding costs, due to reduced reliance on emergency liquidity assistance (ELA) and decreased pillar II

    3%

  5. Fitch affirms Greece’s rating at ‘CCC’

    Economy

    to face very large funding imbalances with the Emergency Liquidity Assistance (ELA) funding making up 20

    3%

  6. After joy of TV permit auction, Tsipras faces programme restrictions
    Photo by MacroPolis

    PoliticsGreek Politics

    go towards emergency assistance for the most vulnerable social groups. This can only happen, though

    3%

  7. Effort to unite PASOK and Potami seems to have hit a wall

    PoliticsGreek Politics

    coalition, even in a government of national emergency, but Gennimata has been less clear on this issue

    3%

  8. Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead

    Agora

    the reduced reliance on the Emergency Liquidity Assistance (ELA) funding coupled with lower holdings

    3%

  9. General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln

    EconomyMacroeconomy

    in the Emergency Liquidity Assistance (ELA) guarantees by 670 million to 45.53 billion. Overall, ELA and bank

    3%

  10. Mitsotakis pledges tax cuts, looks for party balance and broad appeal

    PoliticsGreek Politics

    electricity bills as a supposedly short-term emergency tax. Current Prime Minister Alexis Tsipras has also

    3%