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Deadly factory blast sparks debate on workplace safety
PoliticsGreek Politics. The findings of the investigation, which were reported two days after the blast, will increase pressure... related to equipment; however, the findings have not been published. Safety representatives from... seen no response from management. Political accountability The fire service’s findings have put
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The state of play with Greek banks' liquidity
Economyof Greek banks’ access to Emergency Liquidity Assistance (ELA) funding. The request submitted by the Bank... for the approval like other ECB funding operations such as TLTROs. However, ELA can be restricted if the ECB... stands at 1.55 percent, 150 basis points above the respective ECB funding cost of 0.05 percent
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Newsletter 88 - 16/09/2016
, by the end of the month, the 15 milestones that would unlock further funding. On top... cautious on whether tourism revenues will see similar growth. Greek banks’ Eurosystem funding was reduced... liquidity assistance (ELA) and ECB funding, which fell by 2.55 and 1.83 billion, respectively. Market
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Greece’s first bailout, lenders and their pledge to maintain debt exposure
EconomyProgrammeof the holdings of its SMP purchases. Out of a total of 218 billion euros, 33.9 billion were Greek government... be returned to Greece to reduce the financing needs of the second programme, these ECB and NCB holdings... meeting raises questions about lenders' commitment to “broadly maintain” Greek holdings.
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Greece's C/A deficit for March drops sharply to 44.4 mln
EconomyMacroeconomyin foreign T-Bills and a decline in non-resident’s holdings of Greek government bonds and T-Bills. On the flipside, March inflow is mainly attributed to a decline in residents’ holdings of foreign bonds and Treasury bills and to a lesser extent to a rise in non-residents’ holdings of Greek shares
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As imports rise, Greek C/A balance flips back to deficit in May
EconomyMacroeconomymillion stemming from a 3.1 billion outflow in holdings of Greek government bonds and T-Bills by non-residents and a 1.8 billion rise in residents’ holdings of foreign bonds and T-Bills. Overall... figure mainly reflects increased non-residents’ holdings of Greek stocks, primarily attributed
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Current account surplus reaches 1.68 bln in July thanks to services
EconomyMacroeconomy-based Consolidated Lamda Holdings in the capital increase of Lamda Development. In the 7-month... a net outflow of 766 million euros, largely reflecting a net increase in residents’ holdings..., mainly due to a rise in non-residents’ holdings of Greek stocks. BoG figures also showed that reserve
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Current account surplus jumps to 4.25 bln in July on SMP returns and nosedive in imports
EconomyMacroeconomyby 1.1 billion in holdings of foreign bonds and T-Bills. At the same time, residents’ net external...’ holdings of Greek government bonds (GGBs) and T-Bills. For the 7-month period, residents’ external assets fell by 3 billion on the back of a 10.2 billion decline in residents’ holdings of foreign bonds
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Current account deficit widens to 412 mln in May
EconomyMacroeconomy, largely due to a rise in residents’ holdings of foreign bonds and T-Bills of 963 million, while net liabilities declined by 137 million due to a drop in non-residents’ holdings of Greek government bonds... holdings by 4.4 billion. At the same time, the corresponding liabilities dropped modestly by 49 million
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Current account balance turns to deficit of 198 mln in Oct
EconomyMacroeconomyassets in September, mostly attributed to an increase in residents’ holdings of foreign bonds and T-Bills more than offsetting a decline in their foreign equity holdings. The corresponding liabilities also rose by 280 million largely due to a decrease in non-residents’ holdings of Greek government
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