Search
-
Greece's key pledges and requests at the Eurogroup meetings
PoliticsGreek Politics, in association with European investment institutions such as the European Investment Banks, funding... of additional payments to the IMF. These payments create very exceptional pressure on Greece’s funding needs...’s input, that would provide solutions and funding sources to cover these needs. Technical extension
1% -
Greek deposits nosedive by 12.8 bln in Jan as balances reach lowest point since Aug 2005
EconomyMacroeconomywere forced to switch a large part of ECB funding to the Emergency Liquidity Assistance (ELA) scheme. According to banking sources, Eurosystem funding passed the 100-billion mark in February, with 38... statement, which shows Eurosystem funding, for January in early March. February figures are due in mid
1% -
Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
EconomyBanking115 percent in Q3. Eurosystem Eurosystem funding rose to 14.8 billion euros at the end of Q4 from... of 2 billion. The February breakdown showed ELA funding at 17.6 billion and ECB funding at 4.8
1% -
As hopes of April 24 deal fade, differences between Greece and lenders remain
PoliticsGreek Politicsunlock funding will carry over into May. Although some Greek government officials insist a deal... of at least some of the 7.2 billion euros in remaining bailout funding but the institutions insist... not receiver further bailout funding. There is no clear picture on whether the government can continue
1% -
Tsipras steps in amid concern deal with lenders slipping away
PoliticsGreek Politicsthat would secure further bailout funding and solve the government’s growing liquidity problem might... the conditions are in place for funding to be released following the next finance ministers’ gathering on May... bailout funding. An Alco opinion poll for Proto Thema newspaper on Sunday indicated that the majority
1% -
Greece hopes to catch break from ECB as IMF puts its foot down
PoliticsGreek Politicsby the Greek government as the only way for it to cover its funding needs (including a payment... a deal on the remaining measures in order to unlock the 7.2 billion euros in bailout funding that has... will not approve the release of the IMF’s 3.5-billion-euro share of the current bailout funding. However
1% -
Piraeus Bank brings Q1 2015 losses down to 69 mln
EconomyBankingjumped close to 120 percent in Q1 from 101 percent in Q4. Eurosystem Eurosystem funding climbed from... billion in mid-May. The breakdown of the most updated figure includes ECB funding of 15.1 billion, mostly due to EFSF bonds of 14.4 billion and ELA funding of 18.1 billion. The latter is almost equally
1% -
Newsletter 30 - 12/06/2015
its short-term funding needs, mainly related to IMF payments, as well to substitute foreign investor... that the Greek banks have placed with the ECB as collateral for funding purposes. Those bonds were granted... and reduce its short-term funding needs. Greece, the eurozone and the IMF have over the last five years
1% -
Newsletter 32 - 26/06/2015
the programme if Greece is to avoid defaulting. Eurosystem funding increased Greek banks’ Eurosystem funding increased for the eighth straight month in May but at a slower pace of 3.56 billion euros... for further bailout funding has had no basis over the last couple of months as it slowly conceded ground
1% -
Deposit outflows eased to 3.86 bln in May, balance below 130 bln
EconomyMacroeconomyas of February 11 (previously used for ECB funding purposes) resulted in a sharp increase of Greek banks’ ELA funding to 77.6 billion at the end of May from zero at the end of December. Including ECB funding in the form of EFSF bonds of 38.8 billion, Greek banks’ Eurosystem reliance stood at 116.4
1%