Search
-
Meeting of Greek, Turkish foreign ministers raises hopes for constructive dialogue
PoliticsForeign Policyup for the period until the end of 2023. The map includes a series of actions that will take place... of Justice in The Hague may guarantee a definitive and binding solution for both parties
4% -
Attention turns to next steps in solidifying Greek-Turkish relations
PoliticsForeign Policy. The dialogue until then will define whether the two sides are close or far apart regarding the core... it is not binding, it dictates that the countries need to keep channels of communication open, pursue
4% -
Greece's relations with neighbours in Western Balkans becoming more complex
PoliticsForeign Policythe trip until after June 9. However, it seems Athens’s call has been ignored and Rama... it will vote in favor or against it. While not legally binding, General Assembly resolutions carry
4% -
Higher revenues set to ease coalition's liquidity concerns
EconomyProgrammethat brought 147 million euros into public coffers during a 10-day period until the end of March, while 150...The Greek state has to imminently cover funding needs of around 1.2 billion euros this week in two... million from the Manpower Employment Organisation (OAED). The second important funding obligation
4% -
Greece makes new proposals in search for deal acceptable to lenders and MPs
PoliticsGreek Politics. This will not only reduce by 13 billion euros the funding needs until the end of 2017, it will also allow... and the International Monetary Fund creating a major funding hump of around 24 billion euros over the next... reduce the funding needs in the mid-term and help Greece regain market access through eligibility
4% -
Greek QE eligibility? We're not there yet
Agorafor the beginning of October, may reportedly be delayed until the end of November due to the snap... funding. Draghi confirmed that the ECB insisted during the last Eurogroup on August 14 that any bail... to reinstating the waiver for ECB funding. Such a development would require Greece to be in a financial
4% -
ECB reinstates waiver in first step towards improving liquidity conditions for Greek banks
EconomyBanking) due to be conducted from June until March 2017 in quarterly intervals. Each of these operations has... credit rating threshold with regards to the eligibility of collateral for funding purposes... for Emergency Liquidity Assistance (ELA) funding may be switched to ECB funding. This entails lower
4% -
Eurobank remains profitable with net profits of 46.2 mln in Q2
EconomyBankingsold 72 million NPLs in Bulgaria. Eurosystem funding dropped by 1.4 billion QoQ to 21.5 billion in Q2 and further by 3.5 billion until August. The breakdown displayed the Emergency Liquidity...) improved 1.3 percent QoQ to 387.7 million mainly driven by lower funding cost related to reduced reliance
4% -
Fitch affirms Greece’s rating at ‘CCC’
Economyconditions until 2018 could prove highly challenging taking also into account the track record... to face very large funding imbalances with the Emergency Liquidity Assistance (ELA) funding making up 20 percent of their funding. In addition, the reinstatement of waiver is expected to allow only a fairly
4% -
Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBankinguntil November 9. Since the end of June to date, ELA funding has been reduced by 2.7 billion to 13.1... to 388.9 million in Q3, mainly driven by lower funding cost largely stemming from reduced reliance on the Emergency Liquidity Assistance (ELA) funding that more than offset a drop in the loan NII
4%