Search
-
Sharp drop in gg primary surplus by end-April, arrears keep rising
EconomyMacroeconomyand April was expected and relates to the government’s decision to delay a part of the non-payroll cost to cover its short-term funding needs. In absolute numbers, arrears increased to 4.82 billion in April... used for ECB funding. At the same time, bank support scheme guarantees slightly rose to 43.47
8% -
Newsletter 78 - 17/06/2016
and revenue shortfall. Other risks also include a potential delay in the implementation of reforms... Emergency Liquidity Assistance (ELA) funding. The bank will also apply for the repayment of the 2.03... works projects and allocation of European Union funding owed much to the worn out recipe of his
8% -
The wit and will of men
Agorawas duped – even if the delay on agreeing debt relief measures is put off for a few months rather... recommend to the organisation’s executive board to join the Greek programme with funding. “It is recognised..., allowing Greece to receive funding from the Europeans just in time to pay 6.5 billion euros of debt
8% -
China's Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agorais sustainable over time. The delay in starting to build the high-speed railway line between Budapest...’ European partners. China is an additional source of funding and infrastructure modernization... of building reputational capital to match its existing funding capacity in Southeast Europe. Controlling
8% -
Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
Economyto be successfully completed in August, and Moody’s is not concerned by the delay in disbursing the tranche...-sufficiency and market-based funding”. This clean exit will be supported by the cash buffer the Finance... and accelerate the clean-up of their balance sheets.” The reduced reliance on emergency funding from
8% -
Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
EconomyBanking45,000 non-performing housing loans and 31,000 borrowers. The average delay is 3.6 years. These loans... compared to 1.88 in the previous quarter. Balance Sheet Eurosystem funding declined by 1.9 billion euros.... Emergency Liquidity Assistance (ELA) funding in particular fell to 2 billion in September from 3.8
8% -
Extensive wildfires put extra strain on PM as he looks for clear path to TIF policy speech
PoliticsGreek Politicshas instructed ministers to close all outstanding issues without delay. TIF launchpad Government... why key civil protection projects were removed from the RRF funding scheme. The Communist Party... of structural weaknesses in prevention, funding and planning. Other challenges The wildfires are only
8% -
Greece, the troika and banks' capital needs: A step-by-step guide
EconomyProgrammeassumptions had already been approved by the two counterparties. Hence, the delay in the disclosure... Stability Fund (HFSF) capital buffer for covering the anticipated funding gap, which the troika
8% -
Eurogroup clears next bailout tranches for Greece, sets new goals
EconomyProgrammeto the delay in completing the last review. In the statement released after the Eurogroup meeting... Management Agency will offer repos to cover short-term funding gaps. The Euro area Member States
8% -
Why did Greece return to bond markets now? Was it the right decision?
Economyon the positive mood around Greece and not delay the placement The achievement of a much higher than... in benefits due to a combination of knock-on effects. For example, lower funding costs are anticipated
8%