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Athens relieved as ECB and IMF seem to reach understanding on Greek banks
EconomyBankingfunding should be made available for the Greek lenders to allow them to deal with the issue of non... and continued reduction in reliance on ELA funding. His comments reflect the concerns in the Greek banking
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China's Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agora’ European partners. China is an additional source of funding and infrastructure modernization... of building reputational capital to match its existing funding capacity in Southeast Europe. Controlling
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Deposit outflow of 51.7 mln in September for banks
EconomyMacroeconomyin September to come to 131.16 billion. Eurosystem funding fell by another 3.58 billion euros..., central bank funding came to 41.72 billion euros, the lowest reading since September 2014. The ECB’s
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Deposit inflows of 1.04 bln in October for banks
EconomyMacroeconomyfunding fell by another 4.38 billion in October. Due to the reduction, central bank funding came
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Athens unmoved as relations with Russia become chillier
PoliticsForeign Policyviewed Russia as a potential alternative source of funding in the event that the coalition was unable... and others as Athens saw fit. In the end, no funding from Russia was forthcoming and Tsipras decided
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Further measures to protect and strengthen financial stability foreseen in sMoU
EconomyProgrammein the banking system and to a sustainable funding model for banks in the medium term. Via the Bank of Greece... of recapitalisation and funding for this purpose of smaller, less systemic banks. Bad loans The sMoU is very
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Deposit inflows of 272.9 mln recorded in November
EconomyMacroeconomybillion. BoG’s monthly financial statement recently showed that Eurosystem funding fell by another 4.46 billion in November Due to the reduction, central bank funding came to 32.88 billion euros
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Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
Economy-sufficiency and market-based funding”. This clean exit will be supported by the cash buffer the Finance... and accelerate the clean-up of their balance sheets.” The reduced reliance on emergency funding from
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BoG looks at other programme exits and options available to Athens
EconomyProgrammethat will cover the country’s funding needs for 12 months after this August. The central bank dedicates... billion. According to the Commission, 17 billion euros is enough to cover funding needs until
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Focus of discussion for lenders moves to debt relief, post-MoU framework
EconomyProgrammewith 48 billion euros, whereas its funding needs until the end of 2020 are between 44 and 45 billion... for funding and policy guidance has to come to an end after eight years under a programme. “Greece cannot
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