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Greece hopes to catch break from ECB as IMF puts its foot down
PoliticsGreek Politicsat this stage, putting off any agreement until June or of the IMF taking this opportunity to peel away... by the Greek government as the only way for it to cover its funding needs (including a payment... a deal on the remaining measures in order to unlock the 7.2 billion euros in bailout funding that has
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Deposit outflows eased to 3.86 bln in May, balance below 130 bln
EconomyMacroeconomyuncertainty until January and then by sovereign concerns and fears for the imposition of capital... as of February 11 (previously used for ECB funding purposes) resulted in a sharp increase of Greek banks’ ELA funding to 77.6 billion at the end of May from zero at the end of December. Including ECB
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June deposit outflow rises to 7.58 bln as total balance drops to lowest in 12 years
EconomyMacroeconomythree weeks until mid-July. Since then, the ELA limit has been raised twice by 900 million euros each... in Greek banks’ Eurosystem funding by 10.17 billion in the same month. More than 90 percent of this monthly increase in Central Bank funding stemmed from Emergency Liquidity Assistance (ELA) funding
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Newsletter 45 - 02/10/2015
significant funding, as Tsipras indicated in his comments to the Wall Street Journal. The European Union has also had somewhat of a delayed reaction to a problem that until recently only affected its outer borders. It increased the emergency funding for the migration crisis by 73 million euros
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Refugee influx pushes Tsipras towards crisis nexus
Agoraof a delayed reaction to a problem that until recently only affected its outer borders. It increased the emergency funding for the migration crisis by 73 million euros and the European Commission will propose... will be as pressing as that of humanitarian aid. And, yes, this does require significant funding, as Tsipras
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NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
EconomyBanking. The deadline for the publication of Greek banks’ Q2 financial statement was extended until the end... reflecting: a) the higher reliance on the Emergency Liquidity Assistance (ELA) funding, which comes... outflows also led to increased dependence on Eurosystem funding by 4 billion euros to 27.6 billion
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Government faces tight schedule for amendments to bailout legislation
EconomyProgrammeloans (NPLs) with state guarantees, which are exempted from sale until the end of 2017, according... to reinstate the waiver on Greek government securities for Greek banks’ access to ECB funding subject... (ELA) to ECB funding. Assuming also a reduction in the haircut applied to this collateral, Greek
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Newsletter 95 - 11/11/2016
insisting that medium- and long-term measures will not be discussed until after the conclusion... funding fell by 3.53 billion from the previous month to 71.78 billion at the end of October, which... and the emergency liquidity assistance (ELA) funding by 2.24 and 1.29 billion, respectively. Since June
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Eurogroup grants short-term debt relief but leaves Athens fretting over fiscal targets and IMF
EconomyProgrammeof medium-term debt relief appears to have been set aside until 2018. This could be a major headache... tranche of the 2nd Greek programme for the year 2017 and the use of the EFSF/ESM funding strategy... ESM funding costs. He said that the combination of the measures would lead to Greek debt-to-GDP ratio
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EU-Greece island containment policy slammed as refugees endure squalid winter camps
Societyhas until now shifted between NGOs, the military and the government, the Ministry of Migration holds... this year put estimates of aid funding received by Greece at around 803 million dollars since 2015..., which directed EU funding to Greek authorities rather than NGOs, prompted many NGOs to scale back
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