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Greek banks' ELA ceiling lowered by 1 bln on improved liquidity conditions

Wed, 07 Oct 2015 08:58:00 GMT

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

ECB increases ELA ceiling for Greek banks by 400 mln for first time since summer 2015

Thu, 23 Mar 2017 11:18:00 GMT

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

"Executive state" model becomes latest lightning rod for discontent among ND MPs

Wed, 29 Apr 2026 08:42:00 GMT

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

ELA ceiling for Greek banks slashed by 7.8 bln to 77.9 bln after recap

Thu, 03 Dec 2015 15:28:00 GMT

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

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

Thu, 16 Jul 2020 11:12:00 GMT

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

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

Mon, 14 Dec 2015 18:33:00 GMT

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

Growth conditions improving but more work needed over longer term, PBO suggests

Mon, 13 Aug 2018 06:24:00 GMT

against an import model driven by private consumption, since this is not a productive model and is too similar to the consumption model which was partially responsible for sparking the Greek economic... increase at a rate setting the ceiling for wage increases. The PBO notes, as previous sources have done

Newsletter 476 - 19/09/2025

Fri, 19 Sep 2025 11:41:00 GMT

, the overall balance remains largely unchanged since TIF. If this holds, it may represent the ceiling... labour rights, stifled small businesses, and a skewed production model. Famellos criticised the government’s push to privatise public goods, warning it entrenches a low-value, import-heavy growth model

Newsletter 79 - 24/06/2016

Fri, 24 Jun 2016 13:00:00 GMT

morning that the ECB lowered the ELA ceiling for Greek banks by 3.1 billion through to June 29... ceiling by almost 30 billion on the back of a reduction of uncertainty, the stabilisation of private deposit flows and the successful bank recapitalisation. In addition, the latest decision on ELA-ceiling

Greece's labour market is austerity's biggest casualty

Sun, 13 Jan 2013 15:03:00 GMT

. The lion’s share comes from construction that has lost 159,000 jobs, a staggering 43.8% drop... and retail trade with 127,000, a 16% drop. The fourth and first quarters of each year are traditionally... for just over 1 percentage impact between GDP drop and industrial production and 1 for 1.5 relationship