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  1. Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
    Image via www.eurobank.gr

    EconomyBanking

    inflows and higher interbank repo. Emergency Liquidity Assistance (ELA) funding in particular fell to 5.3

    3%

  2. Eurosystem funding drops by 4.58 bln in January, banknotes in circulation fall
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in December 2017. The monthly movement was driven largely by a fall in Emergency Liquidity

    3%

  3. Newsletter 155 -16/03/2018

    Newsletters

    2017. The monthly movement was driven largely by a fall in Emergency Liquidity Assistance (ELA

    3%

  4. Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
    Image via www.alpha.gr

    EconomyBanking

    in December and by another 2.1 billion euros until March 2018. Specifically, Emergency Liquidity

    3%

  5. Eurosystem funding drops by 2.80 bln in February, led by ELA reduction

    EconomyMacroeconomy

    , the decline was driven largely by a fall in Emergency Liquidity Assistance (ELA) funding by 2.37

    3%

  6. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    euros at the end of Q4. Across the year, funding fell by 11.2 billion. Emergency Liquidity Assistance

    3%

  7. General govt primary cash surplus at 3.26 in Feb, arrears up by 237 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    decline in Emergency Liquidity Assistance (ELA) guarantees, which make up 52.4 percent of total guarantees

    3%

  8. Prior actions and crucial meetings dominate agenda for rest of month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    the emergency procedure. Finally, in the next 10 days, the tender for the sale of a 50.1 stake in oil firm

    3%

  9. Eurosystem funding drops by 1.45 bln in March as ELA reduction offsets ECB rise
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    was entirely driven by a fall in Emergency Liquidity Assistance (ELA) funding by 1.50 billion euros

    3%

  10. Is the cost of Greece's public sector soaring again?
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    “emergency” procedures enshrined in the relevant legislation (law 4024/11). This effectively enabled

    3%