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Parliament starts debating censure motion as poll captures falling support for government
PoliticsGreek Politicspopulist forces. Some of the qualitative findings will make even more dire reading... concerning findings, 67.7 pct of respondents said the government had lost its legitimacy.... This is the first survey to probe these questions, however the overall findings suggest
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New Tempe row brewing amid doubts over rail safety report
PoliticsGreek Politicson these findings, claiming that there was confusion over the expert input into the assessment. As a result this section of the report, which is a minor part of the overall findings, will be removed... that the socialists jumped the gun. He also claimed that the apparent doubts over the reports findings
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Grave OPEKEPE claims add to climate of mistrust affecting ND, political system
PoliticsGreek PoliticsAvgenakis, were aware of her findings. She also accused the current Rural Development Minister Kostas... that her audit files were seized and re-examined under new leadership, with findings altered to obscure.... The poll’s findings suggest that while ND retains a commanding electoral position, its handling
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Troika returning to Greece but key decisions still months away
PoliticsGreek Politicswould help Greece and its eurozone partners to focus on wider issues, such as funding gaps for 2014... this would take care of the immediate need for funding, without which Greece would default in May... might take. When will discussions on more funding for Greece take place? Reports in Germany over
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Greece seeks 3-year programme that could exceed 65 bln
EconomyProgrammea week ago provides a good guide on Greece’s funding needs until 2018. However, as IMF managing... interest payments of 17.2 billion euros over this 3.5 year period, Greece’s debt-related funding needs stand at 47 billion. On top of this figure, additional funding needs of 14.7 billion euros
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Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBankingto 478 million largely on reduced funding cost attributed to lower reliance on the Emergency Liquidity Assistance (ELA) funding and government guarantees as well as lower deposit cost. In contrast, fee... the NPE coverage ratio was kept stable at 47 percent. Eurosystem funding dropped by 2.3 billion QoQ
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Newsletter 155 -16/03/2018
percent. Eurosystem funding drops by 4.58 bln in Jan Banknotes in circulation fall after rising in previous month Compared to January 2017, Eurosystem funding declined by 33.92 billion euros. Greek banks’ Eurosystem funding fell by around 4.58 billion euros in January, according to the Bank
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingby funding improvements which mostly reflect the bank’s participation in European Central Bank’s... Emergency Liquidity Assistance (ELA) reliance and the calendar effect. Funding costs were down by 25 million... into costlier management actions, according to the bank. Balance Sheet Eurosystem funding fell by 2 billion
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Newsletter 187 -14/12/2018
. Eurosystem funding falls by 978 mln in Nov Banknotes in circulation increase for fourth consecutive month The composition of funding for revealed that for a sixth consecutive month, ECB funding made up the majority of total liquidity at 77.8 percent. Greek banks’ Eurosystem funding declined by 978 million
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Piraeus Bank posts net profit of 185 mln in 2018
EconomyBankingloan disbursements at spreads higher than the back book and reduced funding costs. Deposits also.... Furthermore, the gradual reduction of reliance on ELA funding also had a positive impact on quarterly... over net loans compared to 153 bps in Q3. Balance Sheet Eurosystem funding came to 3.2 billion
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