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Houliarakis provides clearest view so far on Athens's debt relief expectations
EconomyProgrammethis scenario, Houliarakis said that the gross financing needs exceed the 15-percent ceiling... the 15-percent ceiling as of 2030. It also reduces the net present value (NPV) of Greek debt to 80
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Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
EconomyMacroeconomyrepresents the lowest reading since January 2015. The ECB decided to reduce the ELA ceiling for Greek... ceiling had remained stable at 46.3 billion. Meanwhile, Greek banks’ reliance on ECB funding further
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With tax-free threshold set for change, income declarations underline need for rethink
EconomyProgrammeeuros from its current level of 8,636 euros (for a single person). The current ceiling... amount of additional revenues. The large decrease in the ceiling means that this option is unlikely
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Deposit flow turned positive in March, with inflows of 278 million
EconomyMacroeconomyin the previous month. Moreover, after a rise in the ELA ceiling by 400 million on March 23, the ECB kept that figure stable on April 6. On Thursday, it decided to reduce the ceiling by 100 million following
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Eurosystem funding drops by 5.1 bln in Aug driven by ELA fall
EconomyMacroeconomywas largely foreseen after successive lowerings of the ECB’s ceiling to Greek banks. The most recent came on September 7 when it was announced that the ELA ceiling for Greek banks would be reduced
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Eurosystem funding falls by 3.58 bln in September
EconomyMacroeconomylowering the funding ceiling to Greek banks for several months. The most recent reduction came on October 7, when it was announced that the ELA ceiling for Greek banks would be reduced further by 1
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Eurosystem funding falls by 4.38 bln in October as ELA declines
EconomyMacroeconomythe funding ceiling for Greek banks for several months now. The most recent reduction came on November 9 when it was announced that the ELA ceiling for Greek banks would be reduced further by 1.7 billion euros
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Eurosystem funding falls by 4.46 bln in November, banknotes in circulation decline
EconomyMacroeconomy, as the ECB has been lowering the funding ceiling for Greek banks for several months now. The most recent reduction came on November 23 when it was announced that the ELA ceiling for Greek banks would
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Athens prepares for bond issue, eurozone works on growth/debt mechanism
EconomyProgramme. Provisions reportedly include a ceiling of 1 percent of GDP on annual interest payments and a 2 percent ceiling on debt repayments. If Greek growth falls below expectations, the mechanism would kick
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Government move over primary residences raises questions
PoliticsGreek Politicssecured on homes; the ceiling on the market value of the property in question; the ceiling
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