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Mitsotakis apology for wildfires gets sceptical reception
PoliticsGreek Politicswith emergency funding of half a billion euros from the budget, will be directed by the Prime... areas for funding earmarked in the national recovery plan for reforestation. The PM said the areas... accused New Democracy of “burying” the findings of the Goldammer committee, which were delivered
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Media freedom concerns continue to bedevil Mitsotakis govt as EC takes note
PoliticsGreek PoliticsPressure is piling on the Greek government to respond to the findings of recent reports which... to EU funding, which has already been invoked to block Hungary from receiving RRF funds. Perhaps..., a support package for regional media and more transparency around the allocation of state funding
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Snap elections in Greece bring state's liquidity constraints into focus
Economythese circumstances, the Finance Ministry (MoF) is reportedly considering alternative funding... and the extraordinary T-Bill issues needed to bridge the funding gap. According to the latest MoF... banks, which use them as collateral for cheap funding with the ECB. For further T-Bill purchases
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ECB refuses Greek government bonds as collateral: What does it mean?
Economythe waiver on Greek banks using junk-rated government bonds as collateral for funding. According... Assistance (ELA) mechanism. According to the latest official BoG data, Greek banks' ECB funding... (at the end of September) would no longer be eligible for ECB funding as of March 1 following a previous ECB
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Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Agorasupported by the seasonally high inflows in December. At the same time, reliance on Eurosystem funding... Assistance (ELA) and ECB funding down by 3.9 and 4.8 billion respectively. However, this positive trend.... Despite the negative deposit trends evident in the 2-month period, Eurosystem funding continued heading
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Newsletter 127 - 14/07/2017
ratio up to 45.2 pct Eurosystem funding down by 2.67 bln in June, while banknotes fall by 589 mln... banks’ Eurosystem funding fell for the 24th successive month in June, when it dropped by another 2.67... February this year. As a result, central bank funding landed at 54.25 billion at the end of June
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Newsletter 157 -30/03/2018
. Eurosystem funding drops by 2.80 bln in Feb Emergency Liquidity Assistance decline leads drop in funding Greek banks’ Eurosystem funding fell by around 2.80 billion euros in February, Bank of Greece's (BoG) monthly financial statement showed this week. This decline took central bank funding to 26.30
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Banks try to build on growing confidence
EconomyBankingin the funding and asset risk of the banks over the next 12 to 18 months. The agency anticipated economic... of Deferred Tax Requirements (DTA) continue to be an issue. Eurosystem funding Greek banks’ dependency on central bank funding and emergency liquidity assistance (ELA) is also declining steadily, which
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Newsletter 183 -16/11/2018
by 861 million euros.. Eurosystem funding rises to 13.2 bln in October Latest month marks first rise in funding since December 2017 For a sixth consecutive month, ECB funding made up the majority of total liquidity at 73 percent. Greek banks’ Eurosystem funding increased by 974 million euros month
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Newsletter 220 -20/09/2019
Eurosystem funding drops by 464.8 mln Central bank funding comes to 8.21 billion Greek banks’ Eurosystem funding fell by 464.8 million euros month-on-month (MoM) in August according to the monthly Bank... in European Central Bank (ECB) funding, bringing the total to 8.21 billion euros, while Emergency
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