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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgrammebanks and use of general government (gg) entities cash reserves. The European Central Bank has...: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche... remaining 310 million relate to 90 percent of HFSF current cash reserves that until the end of 2015
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Reactions to reshuffle continue as government seeks fast track prosecution of former minister
PoliticsGreek Politics. On Monday, Deputy Energy Minister Nikos Tsafos came under fire from opposition parties over... to show understanding for some of Turkey’s claims in the Aegean make Tsafos unsuitable to hold such a sensitive post. Tsafos, who had previously served as Mitsotakis’s advisor on energy, was forced
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Newsletter 402 - 17/11/2023
central committee over the weekend. Party president Stefanos Kasselakis lit a flame under the meeting... officials facing expulsion for attacking the 35-year-old, rather than let the central committee oversee... members of the faction, including two MPs, represented on the 300-strong central committee argued
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Greece and the euro: The flight of Icarus
Agorathe European Central Bank and issue mortgages relatively freely. The ECB accepted the Greek bonds... ($310 billion) from its bailout is going towards repaying existing debt means the amount Greece owes... and extending the maturities on the loans it has made to Greece and the European Central Bank, which holds
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economyfor the central government depicting a widening of cash deficit to 9.08 billion and primary cash deficit... estimates a gg primary surplus of 812 million (0.4 percent of GDP) in 2013, higher than the initially
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Budget passed but troika accord still some way off for Greece
PoliticsGreek Politics. - Achievement of a general government primary surplus of 812 million (0.4 percent of GDP) in 2013..., that the mission chiefs from the International Monetary Fund, European Central Bank and European Commission
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Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach
Economyfor the central government, due to be released soon, are on a (purely) cash basis, also including repayment... primary surplus at general government level at 812 million, with the 11-month state budget figure
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Greece's primary surplus: Much ado about nothing?
Agoraby Eurosystem central banks, which amounted to 1.5 percent of GDP in 2013, were also excluded from... percent of GDP) excl banks’ support cost under ESA95 rules. This was trimmed to 812 million (0.4 percent
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Newsletter 22 - 03/04/2015
, ahead of their recapitalisation. The remaining amount of 310 million concerns the 90 percent of HFSF..., of their cash reserves in the special central Bank of Greece account that is currently used for T-Bill... responsibility. He has shown in the past that he is willing to take a central role, reportedly
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Polls turn in SYRIZA’s favour but also show that doubts persists
PoliticsGreek Politicsto such a degree that the threat of snap elections will not hang over the government after May. The recent... to unite SYRIZA behind a central decision-making process, it should now be clear to SYRIZA leader
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