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Why Greece is asking for 1.2 bln back from the EFSF
Agorain the form of cash and the remaining 48.2 billion in EFSF bonds. The initial agreement provided... future capital needs and return the remaining amount to the EFSF. Earlier this week the Greek government... of the remaining cash of 345 million) to cover short-term funding needs primarily through purchases
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Deposit outflow slows to 2.19 bln in Mar as balances slip to lowest in 10 yrs
EconomyMacroeconomyinstruments (mainly money market funds), while the remaining one-quarter was sent abroad. Before... to ELA funding and the remaining 36 percent (38.67 billion) to ECB funding almost entirely comprised..., the remaining ELA cash liquidity buffer for Greek banks stands at around 3 billion euros, meaning
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Alpha Bank reports lower losses of 115.8 mln in Q1 2015
EconomyBankingnet interest margin (NIM) down by 9 bps QoQ to 2.64 percent after remaining stable in Q4. At the same... remaining the highest among its domestic peers. Eurosystem The bank noted that 25 percent of deposit outflows since December were sent abroad, while the remaining 75 percent is in cash and short-term
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Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgramme-primary residence mortgages is allowed. The second phase includes the remaining NPLs (primary-home... percent are almost fully protected from the new foreclosure law voted in mid-November. For the remaining... and the remaining 50 percent would be evenly used for decreasing debt to GDP ratio (25 percent
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Newsletter 94 - 04/11/2016
points (bps) to 0.79 percent in September, after remaining broadly flat in the previous three months... this year, while the jobless rate in Greece is expected to hardly move, remaining at the shockingly... be an oversimplification. There are particular reasons for the Greek economy remaining mired while Cyprus climbs out
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Newsletter 122 - 09/06/2017
to pass on Friday a set of amendments relating to the remaining prior actions that need to be completed... by the banks, while the remaining are almost equally split between exposures past due for more than 90... percent in 2013 and further to 97.3 percent in 2016, remaining by far the highest in the EU. In its
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NBG reports net losses in Q2, NPEs down for fifth straight quarter
EconomyBanking. Having reduced its NPE stock by 3.3 billion so far, the remaining reduction stands at 5.1 billion... to 85.5 percent in Q2 from 87.3 percent in the previous quarter remaining the lowest among... that that the equity of the remaining South-Eastern Europe (SEE) assets to be divested stands
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Multi-bill and MTFS heading to Parliament for conclusion of fourth review
EconomyProgrammeThe multi-bill containing the legislation that aims to wrap up the remaining prior actions is due... will be used for lowering taxes and 25 percent for increasing spending. In the remaining years... deliverables for the fourth review. The remaining legislation will be included in the omnibus bill, which
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Newsletter 164 -08/06/2018
and remaining as a technical adviser in the post-MoU era. Greece’s representative at the IMF, Michalis... declining by 2.3 percent in Q4. The growth YoY was 7.6 percent, remaining positive for a seventh..., remaining positive for a seventh consecutive quarter. The breakdown showed that exports of goods
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Newsletter 261 -07/08/2020
and 2022. The remaining 30 percent will be released by the end of 2023. The government will also... million. With bank support guarantees at 320 million as mentioned, the remaining total was split between... at 3.91 million, down by 41,276 month-on-month and remaining below 4 million for a third month running
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