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European Central Bank Lowers ELA Cap for Greek Banks
The European Central Bank lowered the cap on emergency liquidity assistance (ELA) that Greek banks draw from the domestic central bank by 300 million...
Australian MP Julia Banks Denies She has Ever Held Greek Citizenship
Federal MP Julia Banks, denies she has ever held Greek citizenship, but there is concern in the Liberal Party that the Government's one-seat majority...
Greek Banks Have Adequate Capital to Fund Real Economy
Greek banks have adequate capital to fund the real economy, both business activity and the retail commerce sector, focusing on commercial credit, bank officials...
Greek Banks Make Some Progress in Tackling Bad Loans
Greek banks made progress in tackling bad loans in the first quarter, according to Bank of Greece data released on Tuesday.
However, nonperforming corporate, housing...
ECB Lowers Emergency Funding Cap for Greek Banks to €45.3 Billion
On Thursday the Bank of Greece (BoG) announced that the European Central Bank (ECB) has lowered the emergency funding cap for Greek banks to...
Greek Banks Writing-off More NPLs Due to Increase in Bad Loans in 2017
Bank sources have said that non-performing loans (NPLs) have grown as much as 2 billion euros since the beginning of 2017, ekathimerini.com reported.
This growth...
ECB Lowers ELA-Ceiling for Greek Banks by 100 Mln Euros
The European Central Bank on Thursday approved a request by the Bank of Greece to lower the ELA-ceiling for Greek banks by 100 million...
ELA for Greek Banks Dropped 700 Mln Last Month
Greek banks lowered their borrowing from the ELA mechanism and the Eurosystem in March to 59.7 billion euros, from 61.9 billion in February, the...
ELA Borrowing Ceiling for Greek Banks Unchanged
The borrowing ceiling from the ELA mechanism for Greek banks remained unchanged, the Bank of Greece said on Thursday.
The Governing Council of the ECB,...
Greek Banks 'Lose' €750 Mln in Deposits in February Due to Economic Uncertainty
Greeks withdrew 750 million euros from their bank accounts in February, due to the uncertainty created over the stalled bailout program review negotiations, according...