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Pressing economic tasks mounting up for next Greek government
EconomyProgrammeof the bailout programme will be discussed at that meeting. Funding needs The next important matter concerns Greece’s funding needs in the next two months. These stand at 1.6 billion euros for February and 2.5... will increase their own funding needs given their recent constraints. On top of that, Greek banks
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Ahead of Eurogroup, Greece juggles funds to cover liquidity shortage
EconomyProgrammeto immediately unlock further funding for Greece. The fact that the proposals have not yet been... disbursement. This means Greece will continue striving to cover its own funding needs without any support... any funding issue for the state. However, Kathimerini daily revealed that banks sold 300 million
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Newsletter 24 - 24/04/2015
State agency cash hauled in Funding should cover needs until May Earlier this week a legislative... to tap additional funding sources in order to meet external obligations of 2.5 billion euros in June... additional funding sources in order to meet increased external obligations of 2.5 billion in June. Under
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Newsletter 31 - 19/06/2015
in the amount of money in circulation. funding purposes, resulted in a jump in the emergency liquidity assistance (ELA) funding of Greek banks to 74.4 billion at the end of April, up from zero at the end of December. ELA funding is burdened by higher interest costs – 1.55 percent versus 0.05 percent
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Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
EconomyBankingpercent QoQ to 487 million in Q3, mostly reflecting a calendar effect, while the reduced funding... stable as the anticipated ongoing drop in funding cost would be counterbalanced by further decrease... loans from 25.9 percent in the previous quarter. Balance Sheet Eurosystem funding was reduced by 1.9
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Newsletter 100 - 16/12/2016
(pp) from the Q3 2015 figure of 24 percent. Eurosystem funding falls 3.3 billion euros in Nov Value... successive drop, leading Eurosystem funding to its lowest level since December 2014. Greek banks’ Eurosystem funding was reduced by 3.3 billion euros in November, after a broadly similar decline of 3.53
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Newsletter 197 -8/03/2019
, respectively. Eurosystem funding falls by 1.16 bln in Dec Banknotes in circulation rise for fifth consecutive month The composition revealed that ECB funding made up the vast majority of total liquidity at 91.4 percent. Greek banks’ Eurosystem funding declined by 1.16 billion euros month-on-month (MoM
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Newsletter 215 -19/07/2019
balance beat its target by 2.13 billion euros. Eurosystem funding rises by 539 mln in June Banknotes in circulation rise for fifth month As with May, ECB funding made up 100 percent of all Eurosystem funding in June. Greek banks’ Eurosystem funding rose by 539 million euros month-on-month (MoM) in June
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Mitsotakis in bid to "square the circle" in EU budget negotiations
PoliticsGreek Politicsfunding at the same level as the previous period. The challenge is formidable, and government... dissatisfaction with the allocation of funds within the budget, and in particular the reduction in funding... the effects of the economic crisis cannot get back on their feet without sufficient European funding
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Golden Dawn draws support from surprising sources to retain popularity
PoliticsGreek Politics, the findings of a separate poll carried out by GPO and published in Sunday's Kathimerini suggest... dissipate. Although there is no surprise in the poll’s findings that three quarters of the group’s
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