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PPC lignite unit bids fall flat in blow to privatisations
EconomyFeatures. PPC received one binding offer for the Melitis unit in Florina from Mytilineos which was reportedly... in a binding offer for either unit after deciding that the structure of the deal and the share... Terna consortium have indicated that they would submit a binding offer based on an alternative version
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Talks to begin on plan to rescue PPC from dire financial straits
Economybe “crazy enough” to buy it. The DG Comp team arrives as the deadline looms for binding offers... in February collapsed. During the initial process, PPC received one binding offer for the Melitis unit... of the two lignite units if no binding offers are received by the renewed deadline. The discussions
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Greek banks’ reliance on Eurosystem fell by 2.36 bln in October
EconomyGreek banks’ Eurosystem funding, the combined liquidity they have received from the European... statement. Monthly movement reflects a drop in ELA funding by 1.0 billion euros at 7.95 billion and in ECB funding by 1.35 billion at 62.47 billion. The outstanding balance stood at 70.43 billion euros
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Greek banks set for early ELA return in apparent precautionary move
Economyrequests for ELA funding at some point in February, particularly because collateral of 21 billion euros would no longer be eligible for ECB funding from March 1. However, it appears that liquidity... bank bonds would not qualify for ECB funding eligibility as of March 1, 2015. This date coincides
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ECB set to provide extra liquidity to Greek banks but capital needs remain an issue
Economycovering the capital shortfall of 5.8 billion (under the binding baseline scenario) identified... that this will happen. Greek bank’s ECB funding collateral is made up of state-guaranteed bank bonds (up to 40..., is that according to a March 2013 ECB statement they would no longer be eligible for funding purposes
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How does ECB's decision on Greek banks' T-Bill exposure affect state liquidity?
Economylegally binding, according to reports. The initial decision was already in effect for the three T...) funding. It is clear that this figure is irrelevant to the limit applied by the ECB on February 18... that the week before the Orthodox Easter is the most crucial for Greece covering April funding needs.
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NBG reports net profits of 131 mln in Q1, accelerating profitability
EconomyBankingof this year. Non-binding offers have also been received for Project Mirror, an unsecured portfolio.... Eurosystem funding came to 2.3 billion in Q4 and was unchanged QoQ. As of the end of 2017, NBG had fully eliminated Emergency Liquidity Assistance. The total amount currently consists of TLTRO funding from
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From the National Energy and Climate Plan to COP26: What has Greek climate policy learned?
Societyon the energy and climate change front, making 6 billion euros of EU stimulus funding available over..., Greece is licensing new gas-fired power stations, as well as using previous rounds of EU funding... enough. The country’s first draft Climate Law will make policy targets binding under EU legislation
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Audit of Greek debt adds to pressure on Tsipras in creditor talks
PoliticsGreek Politicswith lenders more complicated by publishing the preliminary findings of a debt audit committee she..., but Konstantopoulou felt it had covered enough ground to issue its first findings on Wednesday, some two... preliminary findings certainly make it much more difficult for Tsipras to bring back an agreement
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SYRIZA and ND square up on cost-of-living crisis as government attempts to draw line under surveillance
PoliticsGreek Politics’ narratives is one which is expected to play out in the coming months. Surveillance findings.... At the insistence of New Democracy, which held the majority on the inquiry panel, the findings... represented New Democracy on the committee, expressed his satisfaction at findings, claiming they showed
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