European Parliament Library

Greece :, Selected Issues

This Selected Issues paper provides updates on Greece’s financial stability framework. The paper highlights that the Bank of Greece (BoG) has strengthened the financial stability framework over recent years. In addition to the liquidity provided by the euro system through its regular refinancing operations and standing facilities, the BoG can provide emergency liquidity assistance (ELA) to financial institutions. In response to the global financial crisis, the authorities have assisted bank capital and funding. A manual has been developed to monitor financial stability and spell out contingency plans for the management of crises
Table Of Contents
Cover; Contents; I. Updates on Greece's Financial Stability Framework; A. Safety Net Framework; Table; 1. Eligible Collateral for the Bank Support Package; Box; 1. Crisis Management Procedure; B. Cross-Border Coordination; II. A Fiscal Early Warning System Based on the Comprehensive Public Sector Balance Sheet; A. The Traditional Balance Sheet; Tables; 1. Public Sector Balance Sheet; B. Baseline Long-Run Macroeconomic and Fiscal Outlook; 2. A Baseline Long Run Macroeconomic Scenario; Figures; 1. Demographics and Long Run Growth, 1950-50; 3. A Baseline Long-Run Fiscal Scenario
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (41 p.)
Specific Material Designation
Form Of Item

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