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  1. Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead

    Agora

    from last year. The improvement mostly reflects lower wholesale funding cost, stemming from the reduced reliance on the Emergency Liquidity Assistance (ELA) funding coupled with lower holdings... figures displayed Greek banks’ reliance on Eurosystem funding dropped by 14.31 billion euros QoQ to 87.14

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  2. Newsletter 211 -21/06/2019

    Newsletters

    their dependency on emergency financing from the central bank (ELA), a sign of normalisation in funding... industrial groupings. Eurosystem funding drops by 399 mln in May Figure for ELA collateral falls to zero during the month The composition of Eurosystem funding for May revealed that ECB funding made up 100

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  3. One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    reported that the sector received record funding in 2021, approaching a total 1 billion USD. The news has... exceeded 1 million euros. Funding Funding, as one would expect to a degree, is also unequally... no external funding at all. About three in 10 received private funding, with the balance raising money

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  4. The Greek Ombudsman and public administration during challenging times
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    of sanction, distinguish it from other control mechanisms and the courts. Its non binding recommendations.... On top of the lack of funding resources, which undoubtedly affects its operations, public administration

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  5. Finance Ministry outlines plans for making savings, increasing revenues
    Photo by MacroPolis

    EconomyProgramme

    outlined the three priorities to help cover funding but also supporting the fiscal consolidation... for procurements of up to 60,000 euros. This procedure will be binding not only for state firms but also

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  6. Tsipras's proposals to lenders come under SYRIZA scrutiny
    Photo by MacroPolis

    PoliticsGreek Politics

    -term funding needs, involved borrowing from just one lender (the ESM) and will lead to the debt relief... that they would give up their seats if they quit the parliamentary group. The pledge is non-binding

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  7. Agreement on third bailout with revised fiscal and macro targets, host of prior actions

    EconomyProgramme

    of the privatization plan undertaken by the Hellenic Republic Asset Development Fund (HRADF). Announcement of binding... Mechanism to release funding before August 20, when Greece has to meet the maturity of a 3.2-billion-euro

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  8. The ins and outs of the Greek bank recapitalisation process
    Photo by MacroPolis

    Economy

    , since they are not as severe as previously feared, yet it is not clear whether the binding scenario... that “the law relating to government guarantees on DTA will be amended to minimise programme funding

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  9. Review set to resume in Athens as debt talks drag on
    Photo by George Vitsaras/Fosphotos

    PoliticsGreek Politics

    coming up in September. As far as Greece is concerned, a clear and binding commitment to making... to participate (with funding of around 4 billion euros). However, reports in the international media suggest

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  10. Tsipras clears hurdle but isn't over finishing line
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    funding. It is then that Tsipras will be able to stand before voters and say that it was under his, albeit... will have to live up to their side of the bargain and produce a binding promise regarding debt

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