Search
-
Government seeks to appease banks over ADMIE privatisation
EconomyMacroeconomyfrom PPC, the establishment of a holding company, PPC transferring to that company a 51 percent stake... general meeting (EGM) on January 12 to approve the establishment of a holding company, the transfer... in ADMIE that is due to be transferred to the holding company. According to the study, the medium
10% -
Newsletter 409 - 26/01/2024
from the cabinet. The draft legislation has been put to public consultation with a view to holding.... This is due to the winding down of the Next Generation EU funding that plays a pivotal role
10% -
What would a clean bailout exit for Greece mean in numbers?
AgoraWith approximately 145 billion euros in loans, the ESM is by far the largest creditor of Greece, holding 43.... The outstanding amount at the moment must be just over 27 billion euros. The holdings of the ECB... profile until 2020. Excluding Eurosystem holdings, Greece would be looking at a very modest level of debt
10% -
Banks’ EFSF bonds QE eligible but with little impact on liquidity
Economyin the programme. The bulk of banks’ EFSF bond holding were used until now as collateral for ECB funding... for the participation of Greek banks’ EFSF bond holdings in ECB quantitative easing (QE) in the context of its Public... shows Piraeus has the largest EFSF bond holdings of 14.26 billion euros at the end of 2015, followed
10% -
Newsletter 109 - 03/03/2017
is still holding out hope that the volume of measures it will have to legislate will be lower than 2... by a negative flow of 1.12 billion. Faster fall in Eurosystem funding in January At 63.01 bln, central bank funding hits lowest level since late 2014 Monthly drop largely reflects a marked decline
10% -
NBG raises 300 mln from SME loan securitisation in first such Greek transaction since 2007
EconomyBankingEnterprises Messinia (controlled by Konstantakopoulos group) and D-Marine Investment Holding (Dogus... such transaction by a Greek bank since 2007. NBG raised medium-term funding of 300 million euros from... aims to diversify the bank’s funding sources and facilitate future market access reducing
9% -
Tsipras upbeat about funding deal but also mulls referendum in case of impasse
PoliticsGreek PoliticsIn his first TV interview since becoming prime minister, Alexis Tsipras expressed his optimism regarding an agreement with lenders in the next couple of weeks but said that he would consider holding... in the way of Greek banks increasing their T-Bill holdings above 9 billion euros, to 15 billion euros
9% -
Apart from bailout review, plenty to keep Tsipras busy in autumn
PoliticsGreek Politicsyear. Tsipras’s other goal in holding the meeting is to try to create a united front on economic...With the summer holidays winding down, focus in Greece is gradually shifting to the varied tasks that Prime Minister Alexis Tsipras will face this autumn, both domestically and on the European
9% -
Wage ruling gives gov't immediate fiscal headache, political one may come later
PoliticsGreek Politicson wage maturities If this proves to be correct, the government faces a challenge in finding... program review being carried out by the troika. It has struggled to reach this amount so finding... the impact that wage cuts would have on the party’s popularity. However, finding new savings could
9% -
Opposition lines up motions against government over Tempe
PoliticsGreek Politics. Parliament is holding the third of a possible five votes to confirm the President on Wednesday... will rest on the findings of an investigation by the appeals prosecutor in Larissa, in whose... would merit the lifting of his parliamentary immunity. PASOK seems confident that the findings make
9%