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Politicians have commissioned, and largely ignored, multiple reports on wildfires
Societyinto the devastating wildfires of 2007. Mitsotakis noted that “several of the findings unfortunately still apply... to prevention. The report challenged the automatic assumption that an increase in funding would improve... of emergency funding as the fire season approached. Meanwhile, the forestry service, which prior to 1998
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Mitsotakis apology for wildfires gets sceptical reception
PoliticsGreek Politicswith emergency funding of half a billion euros from the budget, will be directed by the Prime... areas for funding earmarked in the national recovery plan for reforestation. The PM said the areas... accused New Democracy of “burying” the findings of the Goldammer committee, which were delivered
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Media freedom concerns continue to bedevil Mitsotakis govt as EC takes note
PoliticsGreek PoliticsPressure is piling on the Greek government to respond to the findings of recent reports which... to EU funding, which has already been invoked to block Hungary from receiving RRF funds. Perhaps..., a support package for regional media and more transparency around the allocation of state funding
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Snap elections in Greece bring state's liquidity constraints into focus
Economythese circumstances, the Finance Ministry (MoF) is reportedly considering alternative funding... and the extraordinary T-Bill issues needed to bridge the funding gap. According to the latest MoF... banks, which use them as collateral for cheap funding with the ECB. For further T-Bill purchases
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ECB refuses Greek government bonds as collateral: What does it mean?
Economythe waiver on Greek banks using junk-rated government bonds as collateral for funding. According... Assistance (ELA) mechanism. According to the latest official BoG data, Greek banks' ECB funding... (at the end of September) would no longer be eligible for ECB funding as of March 1 following a previous ECB
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Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Agorasupported by the seasonally high inflows in December. At the same time, reliance on Eurosystem funding... Assistance (ELA) and ECB funding down by 3.9 and 4.8 billion respectively. However, this positive trend.... Despite the negative deposit trends evident in the 2-month period, Eurosystem funding continued heading
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Newsletter 131 -15/09/2017
Eurosystem funding falls by 5.1 bln The budget primary balance recorded a surplus of 3.55 billion euros... by 20,315 to 917,429 in July. Greek banks’ Eurosystem funding fell for 26 successive months... and the highest since June 2016. As a result, central bank funding landed at 45.30 billion euros
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Banks try to build on growing confidence
EconomyBankingin the funding and asset risk of the banks over the next 12 to 18 months. The agency anticipated economic... of Deferred Tax Requirements (DTA) continue to be an issue. Eurosystem funding Greek banks’ dependency on central bank funding and emergency liquidity assistance (ELA) is also declining steadily, which
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Newsletter 183 -16/11/2018
by 861 million euros.. Eurosystem funding rises to 13.2 bln in October Latest month marks first rise in funding since December 2017 For a sixth consecutive month, ECB funding made up the majority of total liquidity at 73 percent. Greek banks’ Eurosystem funding increased by 974 million euros month
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Newsletter 203 -15/04/2019
, lower social security contributions for the self-employed and the funding for the rent subsidy.... Eurosystem funding falls by 625 mln in Mar Banknotes in circulation rise by 12 mln The composition of Eurosystem funding for March revealed that ECB funding made up close to 100 percent of all funding
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