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Moody's explains why it sees SYRIZA win as credit negative
Economyoutflows increase Greek banks’ reliance on ECB funding, which is contingent on a troika support... raises doubts about the funding of SYRIZA fiscal programme focusing on short-term fiscal measures
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Another euro stitch unpicked
Agora, the decision to pull funding has to be a political one, so even in the extreme case where... deal with the eurozone, the government had also been hoping that it could cover its funding gap
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Greece and eurozone reach tentative deal, much undecided
EconomyProgrammeit will have to cover its funding needs on its own. These stand at 4.7 billion for the 3-month period... guaranteed securities allowing Greek banks to resume access to ECB funding. Such a decision along
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Reported widening of revenue shortfall in Feb as liquidity worries persist
Economy. On a separate issue, Kathimerini daily reported that the untapped ELA funding of Greek banks, which... accounts that the government aims to use to cover the imminent funding needs in March. Greece reportedly
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Tsipras to meet Merkel amid search for political backing
PoliticsGreek Politicsthe coalition overcome its immediate funding problems and avoid speculation about the possibility... is for the government to receive part of the 7.2 billion euros remaining in bailout funding in return
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Why Greece is asking for 1.2 bln back from the EFSF
Agoraand 15 billion to cover the funding gap and recapitalisation of non-core banks. Thus, subtracting... of the remaining cash of 345 million) to cover short-term funding needs primarily through purchases
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Much ground to cover as Greece, lenders prepare to resume talks
PoliticsGreek PoliticsGreece and its lenders are due to resume on Saturday negotiations aimed at agreeing a set of reforms that could unlock further funding but there are doubts about whether an agreement could be reached... bailout funding. A number of key stumbling blocks remain, including pension reform and privatisations
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Market value of HFSF's bank holdings plummets by 11 bln in 2014
EconomyBankingcovered by the end of 2014 the funding gap of 12 banks (6 commercial and 6 cooperative banks) under liquidation for a total consideration of almost 13.5 billion euros. The bulk of this funding gap
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General gov't primary surplus halves in Q1, arrears and guarantees jump
EconomyMacroeconomyis delaying a part of the non-payroll cost to cover its short-term funding obligations. In absolute terms... for ECB funding. The remaining 13 percent of total guarantees, which corresponds to 15.9 billion
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Newsletter 28 - 29/05/2015
in funding that it is contributing to the remaining 7.2 in bailout instalments. Labour market reform... austerity in return for 7.2 billion euros of funding and the current parliament approving the content
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