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  1. Greek banks' ELA ceiling lowered by 1 bln on improved liquidity conditions
    Bank of Greece

    EconomyMacroeconomy

    The Emergency Liquidity Assistance (ELA) ceiling for Greek banks further lowered by 1 billion to 87.9 billion, Bank of Greece (BoG) said on Wednesday. This was the fourth reduction since August 18... it landed at 83.95 billion at the end of August, following a drop by 1.48 billion in July and another

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  2. Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    and 2016, university graduates saw a significant drop in employment in the public sector, while... production model can not be built,” the report states. It identifies several challenges that need... sector was 884 euros in 2016 compared to 1,054 euros in 2008. In the public sector, despite falling

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  3. Eurosystem funding falls by 978 mln in Nov, banknotes increase for fourth month
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    figure was driven by a drop of 859 million in Emergency Liquidity Assistance (ELA) funding to 2.71... announced that the ELA ceiling for Greek banks would be reduced further by around 100 million euros

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  4. ECB increases ELA ceiling for Greek banks by 400 mln for first time since summer 2015
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Liquidity Assistance (ELA) ceiling for Greek banks by 400 million euros to 46.6 billion following... in the ELA ceiling since mid-August 2015, when the ECB started to reduce the limit after it had peaked to 91 billion euros. Although the ELA ceiling has been cut by 44.4 billion since

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  5. "Executive state" model becomes latest lightning rod for discontent among ND MPs
    Image: https://twitter.com/kmitsotakis

    PoliticsGreek Politics

    model of governance in an attempt to manage complaints from rank-and-file MPs which culminated..., which include former government spokesman Yiannis Economou, argue that while the model had proved... governance. At the event, Mitsotakis backed Skertsos and defended the “executive state” model. The PM

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  6. Latest Tempe report kicks off political storm as government claims vindication
    Image: https://flic.kr/p/GufxYq

    PoliticsGreek Politics

    at between 5-6 pct. On the right of ND, Greek Solution appears to have hit a ceiling at around 8-9.4 pct... opposition parties. On Tuesday, a report by a team at the National Technical University of Athens (NTUA... not suit its narrative, and of cherry-picking elements of the NTUA report which back its story

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  7. ELA ceiling for Greek banks slashed by 7.8 bln to 77.9 bln after recap
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    The Bank of Greece (BoG) said on Thursday that the ECB Governing Council decided to reduce the Emergency Liquidity Assistance (ELA) ceiling for Greek bank by 7.8 billion euros to 77.9 billion... today’s ECB decision, the ELA ceiling has been cut by a total of 13.1 billion euros since mid-August

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  8. Development model questioned again amid reaction to luxury resort go-ahead

    PoliticsGreek Politics

    of the development model promoted by the New Democracy government. On Saturday PM Kyriakos Mitsotakis spoke... brings a new model of value-added development to the area, pointing to the heavy investment

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  9. Sharp drop of 5.3 bln for Greek ELA funding after completion of capital increases

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by 5.98 billion euros in November following a drop by 2.01... the ELA ceiling by 7.8 billion euros to 77.9 billion amid improving liquidity for Greek banks following the equity raising. Since August 18, the ELA ceiling has been lowered by 13.1 billion, which

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  10. Deadly floods raise questions about ND's civil protection pledges as Covid-19 accelerates

    PoliticsGreek Politics

    , from 10 on August 1. According to the CORE model (Covid-19 Risk Evaluation), which is run.... The authorities hope that they will not have to impose further restrictions this month. The model adopted... to be introduced to flatten the curve. The government is hoping that the tighter measures

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