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Newsletter 78 - 17/06/2016
Emergency Liquidity Assistance (ELA) funding. The bank will also apply for the repayment of the 2.03... works projects and allocation of European Union funding owed much to the worn out recipe of his
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Greece and lenders make headway on review but labour reforms remain biggest obstacle
EconomyProgrammeof around 700 million euros (0.4 percent of GDP) for 2018. This mainly relates to the funding... of certain tax credits. The GMI funding for 2018 is one of the pending issues related to the Medium
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Having failed to resolve differences, Greece and lenders enter new week of talks
EconomyProgrammeto the funding of the guaranteed minimum income (GMI). Its funding for next year has been resolved. Regarding
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Shaping the post-programme narrative in Greece
Agoracontributed roughly 28 billion euros of creditor finance, thereby exceeding Greece’s allocated funding... and matched funding. The proposed bond exchanges and interest rate swaps imply additional costs
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Athens warms to idea of eurozone going it alone after Schaeuble IMF comment
EconomyProgrammewithout the IMF or with the participation of the IMF and absence of funding is a development that could... to meet its obligations beyond June without external funding, it is possible that the German finance
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Decisive week for Greek programme begins with proposal from Athens
EconomyProgrammerelate to the pricing and funding of the measures endorsed by the December 5 Eurogroup, which involve an EFSF/ESM bond exchange, interest rate swaps and matched funding. There has also been movement
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Debt relief moving to centre stage in programme discussion
PoliticsGreek Politicsthe Greek programme with new funding. The IMF has always been clear that any debt relief measures would... to a fourth memorandum without any funding. While it is true that the Greek government will have to vote
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The wit and will of men
Agorarecommend to the organisation’s executive board to join the Greek programme with funding. “It is recognised..., allowing Greece to receive funding from the Europeans just in time to pay 6.5 billion euros of debt
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Lenders provide words of support and warning regarding debt talks
PoliticsGreek Politicsthe debt issue now so that the IMF could join the Greek programme with funding. These views were... funding but does not settle the debt issue in a way that will satisfy the ECB so it can approve QE
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What can Greece expect at the next Eurogroup?
AgoraGreece’s debt unsustainable. This will be enough for Athens to secure further funding... an agreement so that Greece can receive the funding it needs to meet around 6.5 billion euros of debt
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