Greek central bank
ELA trend reversed on bailout worries
Emergency central bank funding to Greek lenders rose by 300 million euros, or 0.7 percent, in February 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, increased to 43.1 billion euros at the end of February from 42.8 billion euros at the end of January, the data showed.
- Read more about ELA trend reversed on bailout worries
- Log in to post comments
ELA funding to Greek banks declines 2 pct
Emergency central bank funding to Greek lenders fell by 900 million euros, or 2 percent, in January compared to the previous month, Bank of Greece data showed on Wednesday.
- Read more about ELA funding to Greek banks declines 2 pct
- Log in to post comments
Greece demands reparations for Nazi atrocities
Greece is continuing to demand around €270 billion from Germany in reparation payments for war crimes committed by Third Reich in the Second World War. Athens is considering legal action to force Germany to make the payments.
- Read more about Greece demands reparations for Nazi atrocities
- Log in to post comments
Greek banks' ELA funding drops in November
Emergency central bank funding to Greek lenders fell by 2.8 percent, or 1.3 billion euros, in November compared to the previous month, Bank of Greece data showed on Tuesday.
- Read more about Greek banks' ELA funding drops in November
- Log in to post comments
Stournaras calls for more debt relief
In a Handelsblatt interview today, the Greek central bank chief Yiannis Stournaras called for the country’s international creditors to take decisions quickly on how to ease the ailing country’s enormous debt burden.
- Read more about Stournaras calls for more debt relief
- Log in to post comments
ELA unchanged for Greek banks
The European Central Bank maintained the cap on emergency liquidity assistance Greek banks draw from the domestic central bank at 51.8 billion euros, the Bank of Greece said on Thursday.
The move reflected stabilizing liquidity conditions in Greece's banking sector, taking into account private sector deposit flows, the Greek central bank said.
- Read more about ELA unchanged for Greek banks
- Log in to post comments
Commission approves Attica Bank's bond plan
The European Commission has cleared small Greek lender Attica Bank's plan to issue government-guaranteed bonds to use as collateral for borrowing from the country's central bank, it said on Monday.
- Read more about Commission approves Attica Bank's bond plan
- Log in to post comments
Attica Bank confirms collateral bond issue
Attica Bank will issue government-guaranteed bonds that can serve as collateral to borrow funds from the Greek central bank's emergency liquidity facility (ELA), its deputy chief executive confirmed to Reuters on Thursday.
- Read more about Attica Bank confirms collateral bond issue
- Log in to post comments
Stournaras: Greek banks safe from Deutsche impact
The Greek and international banking systems are "safe" and tools are in place to protect them from any impact from the crisis engulfing Deutsche Bank, Greek central bank chief Yannis Stournaras said on Friday.
- Read more about Stournaras: Greek banks safe from Deutsche impact
- Log in to post comments
ECB lowers emergency bank funding for Greece
The European Central Bank lowered the cap on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 0.3 billion euros to 69.1 billion euros, the Bank of Greece said on Thursday.
The move reflected improving liquidity conditions in Greece's banking sector, helped by the stabilization of private sector deposit flows, the Greek central bank said.
- Read more about ECB lowers emergency bank funding for Greece
- Log in to post comments