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After paying IMF, Greece looks to cover remaining funding needs for March and April
EconomyProgrammeΤhe government has covered a large part of its funding needs for March, which mainly comprised of 1.5 billion euros in payments to the International Monetary Fund and the rollover of 4.6 billion... relate to the payment of 1.55 billion euros in wages and pensions each month, while external funding
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Greek banks push for return to normality
EconomyBankingwas based on the expectation of an improvement in the funding and asset risk of the banks over the next... of Emergency Liquidity Assistance (ELA). As of July, BoG noted that Greek banks’ Eurosystem funding declined by 3.29 billion month-on-month. July’s reduction brought the total for central bank funding to 13.02
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New Democracy faces claims of dark funding after revelation of links to internet campaign group
PoliticsGreek Politicsthe governing party and the group, which it accused of using public funding to bankroll character assassination
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Exclusion from QE confirmed, only ECB's reinvestment programme left
EconomyProgrammeprobably being the country that needed it the most. The ECB’s QE programme is already winding down... the lowest dependency on Eurosystem funding since the crisis started in 2010. The June figures stand at just 16.3 billion euros: ECB funding is 9 billion and ELA from the Bank of Greece at 7.3 billion
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Take your seats
Agorais not to win but to stay in the game, whether that means fending off any challenge from within SYRIZA
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Opposition front against new President Tasoulas not sufficient to unite left
PoliticsGreek Politicsfor SYRIZA, Giorgos Karameros said the PM was too preoccupied with fending off opposition attacks over
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EC report analyses state of play with privatisations as HELPE hits obstacle
EconomyFeaturesday that the EC released its document, it emerged that no binding offers had been received... with Algeria’s Sonatrach after they were shortlisted for the tender. However, in the event, no binding bids... in the international environment that affect the consortia, there were no binding offers submitted
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Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
EconomyMacroeconomy. Spending is contained by almost 2 billion euros, primarily due to winding down most of the pandemic... under 39 years old and 300 million for renovations of properties for young couples. The funding
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Parties at odds over private universities as ND faces nepotism accusations
PoliticsGreek Politicsalready stated that he is against introducing private universities, but open to private funding... opposition parties claimed were a waste of public funds. PASOK warned that winding up the company
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Newsletter 409 - 26/01/2024
. This is due to the winding down of the Next Generation EU funding that plays a pivotal role
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