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Lenders set out post-MoU framework with aim of securing reforms
EconomyProgrammeby eurozone central banks and the cancellation of the step-up rate of loans extended in 2012. The second...) will develop a strategy by the end of this year to sell its holdings in Greece’s systemic banks
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Eurosystem funding falls by 4.56 bln in June to 16.31 bln
EconomyMacroeconomyfigure had declined at a much milder rate of 716 million. June’s reduction brings the total for central... of Greek banks’ EFSF holdings in the ECB’s quantitative easing (QE) programme. Interbank repos have
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Eurosystem funding down to 12.63 bln in August, banknotes in circulation rise slightly
EconomyMacroeconomyat a much slower rate, dropping by 34 million euros MoM to 8.15 billion. In recent months, ELA... banks’ EFSF holdings in the ECB’s quantitative easing (QE) programme. Interbank repos have also
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European Commission approves 2019 budget, urges focus to meet end of year reform goals
EconomyProgrammeamounts stemming from central banks' holdings of Greek bonds under the Securities Markets Programme (SMP) and the Agreement on Net Financial Assets (ANFA), and a waiver of the step-up interest rate margin
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Brussels highlights lagging reforms ahead of decision on debt relief measures
EconomyProgrammeinterest rate margin for certain loans provided by the European Financial Stability Facility (EFSF... include the return of income from central banks' holdings of Greek government bonds under the Securities
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Lenders deem second post-MoU review over, Athens waits for debt relief
EconomyProgrammeinterest rate.... the return of profits from central banks’ holdings of Greek government bonds under the SMP and ANFAs
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Debt relief measures move ahead as Athens prepares to use fiscal space
EconomyProgrammethe amount (3.7 billion euros) that is above the normal country quota and carries a higher interest rate... to the income earned on SMP/ANFA bond holdings. The total financial benefit of the measures agreed
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Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
EconomyProgramme, and a 2.4 percent in 2020. The labour market improves, employment rises and the jobless rate is seen at 15.2... of releasing central bank profits from the SMP and ANFA holdings twice a year. The end of year goals
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Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
Economyfor TLRTO III, which was lowered by 25 basis points below the average deposit rate last month, reaching... million. Total GGB holdings were in excess of 10 billion euros, which the ECB now accepts for its
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Piraeus Bank posts pre-tax losses of 133 mln in 9M
EconomyBankingbalances. Additionally, more than 1.5 billion SME loans have received an interest rate subsidy.... Management said that this was mainly due to improving funding costs and increased fixed income holdings
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