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Eurosystem funding down by 2 bln in Oct for fourth straight fall

Greek banks’ Eurosystem funding continued heading south for the fourth straight month in October, when it eased by 2.01 billion euros from a 2.67 billion drop in September, the Bank of Greece's (BoG) monthly financial statement showed on Monday.

Photo by Harry van Versendaal Greek economy surprises in Q3, eases by a marginal 0.5 pct

The Greek seasonally adjusted (SA) GDP at constant prices fell quarter on quarter (QoQ) by 0.5 percent in Q3 2015 following a downward revised 0.4 percent growth posted in Q2, the Hellenic Statistical Authority (ELSTAT) flash estimates displayed on Friday.

Government in race against time to resolve bailout issues

Following the Eurogroup decision on Monday to decouple the disbursement of the 10 billion for bank recapitalisation from the implementation of the second list of prior actions or the completion of the first programme review, the government aims to close current pending issues by early next week.

Results 3161 to 3170 out of 4120.