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Eurosystem funding drops by 3.3 bln in Nov for 17th straight monthly fall
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by another 3.3 billion euros in November, after a broadly... on Tuesday. This was the 17th successive drop leading the Eurosystem funding balance down to 68.49... Bank funding is attributed to a decline in both the ECB and the Emergency Liquidity Assistance (ELA
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Newsletter 398 - 20/10/2023
was soundly beaten by Dimitris Kouretas, a candidate put forward by centre-left PASOK and supported by main... he had expressed publicly in recent days, ranging from the party’s relations with business... before, with yields of 3.9 pct, compared to 3.3 pct in the first issue, and 4.25 pct, from 4 pct
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Kammenos prepares to quit coalition amid ANEL unrest, issues to settle with PM
PoliticsGreek PoliticsThe much-advertised split between SYRIZA and Independent Greeks (ANEL) seems to be just days away... ANEL, has called a meeting of the party’s parliamentary group and executive committee on Wednesday... procedure in Skopje is due to be completed by January 14 at the latest. Therefore, ANEL’s departure
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Newsletter 85 - 05/08/2016
In a non-paper issued on Wednesday, the Finance Ministry clarified that budget revenues had beaten... of finding settlements for cooperative borrowers subject to their capabilities and peculiarities..., even though SYRIZA’s governing partner, Independent Greeks (ANEL), did not back
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Budget primary shows deficit of 7.01 bln as revenues suffer in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for September showed on Thursday. The primary surplus was below its
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyGreek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise... of March. The monthly increase primarily stems from a rise in ECB funding by 1.03 billion to 58.84 billion. In addition, the Emergency Liquidity Assistance (ELA) funding slightly grew by 0.24 billion
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EU elections in Greece: Applying a different scale of values
Agoraor moderates in Greece, have chosen to ignore this because they saw it as a means to an end (kicking... coalition partner, Independent Greeks (ANEL), with which Greek Solution has some similarities. ANEL went... career (at least for now) of its leader Panos Kammenos. Many of the 155,000 votes ANEL lost ended up
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Newsletter 151 -16/02/2018
to conservative MPs and launched wide-ranging attack on Tsipras and his coalition partner, Defence Minister... their target by 6 million euros. This led net revenues to rise by 3.3 percent. Primary expenditure... as over five years old, saw their prices fall by 0.3 percent in Q4. Properties up to five years old saw
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ANEL adds to uncertainty over Macedonia name deal and its political impact
PoliticsGreek Politicsshow on Tuesday night, a spokesman for the junior coalition partner, Independent Greeks (ANEL.... Theodoros Tosounidis did not rule out the possibility of ANEL failing to support its governing... the SYRIZA-ANEL coalition and prevent the name deal, which the conservatives oppose, being approved
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Name deal uncertainty set to continue despite ANEL attempt to clarify stance
PoliticsGreek Politicsjunior coalition partner, Independent Greeks (ANEL), claimed on Tuesday that they have no intention of bringing down the government over this matter. Defence Minister Panos Kammenos, who leads ANEL, convened an emergency meeting of ANEL’s parliamentary group (seven MPs) on Tuesday to discuss
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