Greek central bank

Emergency central bank funding to Greek lenders dropped by 4.21 billion euros, or 19.4 percent, in January compared to December last year, Bank of Greece data showed on Monday.

Emergency funding, which is more costly than borrowing from the European Central Bank, dropped to 17.4 billion euros from 21.61 billion euros at the end of December, the data showed.

Emergency central bank funding to Greek lenders dropped by 2.9 billion euros, or 12.7 percent, in November compared to the previous month, Bank of Greece data showed on Tuesday.

Emergency funding, which is more costly than borrowing from the European Central Bank, dropped to 19.85 billion euros from 22.75 billion euros at the end of October, the data showed.

Between its loans to Athens and its debt buying programmes, Germany has cashed in to the tune of €1.34bn since the beginning of the Greek crisis.

Germany’s finance ministry has published details of the profits it has made on loans to Greece: €1.34bn since 2009, according to reports by German daily Süddeutsche Zeitung.

From 2009 the interest from the loans which the German financial institutions send to help the Greece economy are now more than EUR 1.34 billion according to data of the German ministry of Finance, cited by Suddeutsche Zeitung.

Germany's finance ministry has published details of the profits it has made on loans to Greece: €1.34bn since 2009, according to reports by German daily Süddeutsche Zeitung.

Emergency central bank funding to Greek lenders dropped by 2.8 billion euros, or 6.9 percent, in June compared to the previous month, Bank of Greece data showed on Thursday.

Emergency funding, which is more costly than borrowing from the European Central Bank, dropped to 37.9 billion euros from 40.7 billion at the end of May, the data showed.

Emergency central bank funding to Greek lenders dropped by 1.4 billion euros, or 3.3 percent, in May compared to the previous month, Bank of Greece data showed on Monday.

Emergency funding, which is more costly than borrowing from the European Central Bank, dropped to 40.7 billion euros from 42.1 billion at the end of April, the data showed.

Greece cut its 2017 growth forecast to 1.8 percent from 2.7 percent, according to a midterm budget plan unveiled late on Saturday, driven by uncertainty caused by delays in concluding the latest review of bailout reforms.

Emergency central bank funding to Greek lenders dropped by 700 million euros, or 1.6 percent, in March compared to the previous month, Bank of Greece data showed on Tuesday.

Emergency funding, which is more costly than borrowing from the European Central Bank, fell to 42.4 billion euros from 43.1 billion euros at the end of February, the data showed.

Bad loans pose a major challenge to Greek banks but the sector has improved "substantially," European Central Bank supervision chief Daniele Nouy told the Athens News Agency on Tuesday.