Search
-
Pressing economic tasks mounting up for next Greek government
EconomyProgrammeRegardless of the outcome of general elections, the new Greek government will have a number... in new issues. This means that Greek banks have to cover the foreign share in the rollover, which will increase their own funding needs given their recent constraints. On top of that, Greek banks
5% -
Less is more: The Greek government needs a chisel, not a sledgehammer
Agorainto a majority of support among Greek citizens, including those who did not vote for the senior coalition... and expectations prevailed among Greek citizens after the agreement on the new coalition government... and clarification ran deep among surprised and frustrated Greek citizens. It is not lost on a host of domestic
5% -
Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomyThe Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros...) by Greek banks to increase their pillar II state guarantees to counterbalance deposit outflows... Greek banks’ zero reliance on ELA funding as of May. However, this figure is expected to rise again
5% -
No quick solution to Greek liquidity problem; reforms list holds key
PoliticsGreek Politicsthat the Frankfurt-based lender raised the Emergency Liquidity Assistance (ELA) limit for Greek banks by more than... for the European Financial Stability Facility to return this amount as the Greek government believes... officials saying the Greek government would run out of money on April 20. Euro Working Group experts
5% -
This is where Greek gov't could find cash to cover May's obligations
EconomyProgrammeon April 8 with around half of maturing securities held by foreign investors. We understand that Greek..., which is expected to be regularly rolled over since almost the entire issue is held by Greek investors... government deposits with Greek banks stood close to 12 billion euros at the end of February
5% -
Greek employers struggling to fill positions with right people
SocietyAlmost three in five Greek employers are reporting difficulty in filling positions with people... Shortage Survey (pdf). Published this week, the survey indicated that 59 percent of Greek employers... of relevant executives in the Greek market, but also due to the fact that those available lack
5% -
Minor movements in Greek deposit and loan rates in April
EconomyMacroeconomyThe interest rate on Greek households’ new time deposits eased by 1 basis point (bp) to 1.82.... Back in 2012, there were more than 15 banks in the Greek market with the smaller ones markedly.... Since mid-2013, when the last round of Greek bank consolidation took place, the systemic banks hold
5% -
Greek stocks dive by 4.7 pct as bond yields climb on absence of deal with lenders
EconomyFollowing a nosedive of 5.9 percent on Friday, Greek shares remained deeply in the red on Monday... the last two sessions, Greek shares fell by more than 10 percent, while their cumulative losses in the post-election period exceed 12 percent. Greek banks were hit most today, plummeting by 8 percent
5% -
Greek ministers prepare Israel visits in bid to further relations
PoliticsForeign PolicyTwo Greek ministers are due to visit Israel shortly as the SYRIZA-Independent Greeks coalition... Papandreou's PASOK government was in power in 2010. The new Greek government has not yet made any... cooperation with Israel despite the fact that Greek Parliament may soon vote to recognize Palestine
5% -
Election Watch: Greek voters to choose from 19 parties and coalitions
AgoraGreek voters will have 19 ballot papers to chose from on 20 September following the approval... as the Greek Antimemorandum Front (EAM). Also excluded is the Independent Innovative Left, Renewed Right...) * Greek People’s Democratic Liberation (ELLADA) (Konstantinos Pananikolas) * Independent Greeks–National
5%