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  1. General govt primary cash surplus falls to 2.6 bln in 2-month, arrears up for second month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 58.14 billion entirely due to a similar rise in the Emergency Liquidity Assistance (ELA

    4%

  2. Eurobank stays profitable in Q1 with net earnings of 36.5 mln
    Photo by MacroPolis

    EconomyBanking

    , and slowed to 13.8 billion on May 11. The breakdown revealed that Emergency Liquidity Assistance (ELA

    4%

  3. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    , largely due to a cut in ECB funding by 4.5 billion. Emergency Liquidity Assistance (ELA) funding

    4%

  4. Newsletter 123 - 16/06/2017

    Newsletters

    change reflects a decline in Emergency Liquidity Assistance (ELA) funding by 1.4 billion, coupled

    4%

  5. Newsletter 126 - 07/07/2017

    Newsletters

    to lower the ELA ceiling for Greek banks to 41.6 billion, up to and including Thursday, 20 July

    4%

  6. Capital controls to ease further from the beginning of September
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Furthermore, on Thursday, the Bank of Greece (BoG) announced that the European Central Bank lowered the ELA

    4%

  7. Fitch upgrades Greek rating to B-, sees debt sustainability improving
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    reduced reliance on ELA and the government has announced further relaxation of the capital controls

    4%

  8. Rating agencies concur in improved prospects for Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    fragile. There are some signs of improvement following a steady reduction in ELA reliance for liquidity

    4%

  9. Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
    Photo by MacroPolis

    EconomyBanking

    . Specifically, the Emergency Liquidity Assistance (ELA) funding fell below the 10-billion mark to 9.9

    4%

  10. Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
    Photo by MacroPolis

    EconomyBanking

    in the Emergency Liquidity Assistance (ELA) funding by 2 billion to 8.5 billion. Gross loans further contracted

    4%