ela

Άραγε μια φορά θα είναι αρκετή;

Τhe true maximum amount that Greek banks can borrow via ELA is likely though to be significantly smaller because not all loans are accepted as collateral via ELA. The alternative is for Greek banks to be allowed to issue more government guaranteed paper but the ECB can, with a 2/3rd majority, block a steep and unsustainable increase in Bank of Greece’s ELA. This would effectively cut Bank of Greece off from TARGET2...Once TARGET2 starts unwinding, with a massive €644 billion claim on the Eurosystem by the Bundesbank, and the realization that an imploding heretofore "contingent" and suddenly all too real liability amounting to 25% of German GDP means an in-kind collapse in living standards, then the simmering German anger will go truly parabolic.

σημ. Στα 65δισ υπολογίζουν την ελληνική δανειακή ικανότητα μέσω ELA -τελευταίου τρόπου χρηματοδότησης μας- και το θέμα μας είναι στα χέρια της ΕΚΤ. Θα δημιουργήσει προηγούμενο;