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Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
EconomyMacroeconomyof central bank funding landed at 61.88 billion euros, which is the lowest reading since the end of 2014
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In absence of deal with lenders, some in SYRIZA keep political options open
PoliticsGreek Politics, secure a commitment for medium-term debt relief, get access to the European Central Bank’s QE
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Global deal in April ruled out as labour reforms prove biggest obstacle
EconomyProgrammeSpeaking to Parliament’s Economic Affairs Committee, Finance Minister Euclid Tsakalotos said on Thursday that the agreement with the institutions would be difficult but would also have “positive surprises,” which could pave the way for QE from the European Central Bank and lead to sustained growth
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Primary cash surplus almost halves to 1.1 bln in 2-month
EconomyMacroeconomyGreece’s central government primary cash surplus fell to 1.11 billion euros in the 2-month period of 2017 from 2.09 billion a year ago, Bank of Greece (BoG) figures showed on Friday. This year’s figure includes arrears’ repayments of 78 million. However, the overall cash balance climbed to 1.59
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SYRIZA on tenterhooks as outcome of review remains in balance
PoliticsGreek Politicsof call for Tsipras will be SYRIZA’s central committee. The prime minister has pledged that the 151
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ECB increases ELA ceiling for Greek banks by 400 mln for first time since summer 2015
EconomyMacroeconomyThe Bank of Greece (BoG) said on Thursday that the European Central Bank increased the Emergency Liquidity Assistance (ELA) ceiling for Greek banks by 400 million euros to 46.6 billion following a request made by BoG. The rise in the ELA limit “reflects developments in the liquidity situation
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Deposit outflows continue in Feb but slow to 750 mln
EconomyMacroeconomyof the first programme review. In addition, the European Central Bank decided on March 23 to increase the ELA
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Concerns over energy deregulation add to challenges Tsipras faces
PoliticsGreek Politicsto the party’s central committee and then to MPs, ensuring that nobody feels that they were not consulted
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Athens and lenders stay mum on agreement, domestic reaction awaited
PoliticsGreek Politicsare investing in the hope that SYRIZA’s central committee, the first body that will be called
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NBG records net profits of 73 mln in Q4, turns profitable for whole year
EconomyBankingin December. Central bank funding fell to 10.4 billion in March, with the current level of ELA
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