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The ECB's strict rules apply if you dare not comply
Agoradescribed by a eurozone official in which "the liquidity squeeze is being used to push the Greeks to very... indeed border on monetary financing but the flexibility for officials in Frankfurt
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Greece sees lower primary surplus at 0.3 pct for 2014, fiscal challenges remain
EconomyProgrammeannouncement for a primary surplus of 0.3 percent of GDP in 2014 is the first official indication... highlighted last week. MoF officials estimate the fiscal gap stands at 3.3 billion in 2015 if the EAP
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Newsletter 20 - 20/03/2015
February, since those collaterals were also used for ECB funding purposes. Based on official BoG data... European Union officials in Brussels on Thursday night. Greece paid the final of its four
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Parliament's bailout probe has potential to be politically toxic
PoliticsGreek Politicsa public prosecutor’s recommendation for the case to be dropped as the allegations against the official were “groundless.” SYRIZA and Independent Greeks (as well as many New Democracy officials) believe
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Greece makes new proposals in search for deal acceptable to lenders and MPs
PoliticsGreek PoliticsEuropean leaders on Wednesday. Although unnamed European Union officials seemed to dismiss the new suggestions from Athens, the official line from Brussels was that they would be examined with “diligence
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Referendum and the ECB to determine the future of Greek banks
Economybe recapitalized without official support or haircut on deposits below 100,000, which are officially guaranteed... on negotiations with Greek authorities until the referendum. Since most eurozone officials as well as rating
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Greek banks' liquidity position at the centre of attention
Economylikely that an agreement could be reached between Greece and its official lenders. That said... Dimitris Mardas also participated along with top Bank of Greece (BoG) officials and the Chairmen
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Some snags remain in discussion with lenders over new privatisation scheme
EconomyProgrammeto the International Monetary Fund’s latest official estimates, which were included in the preliminary...During a lengthy meeting with the quartet of Greece’s lenders on Tuesday, government officials discussed in detail privatisations – one of the key issues that need to be settled
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Bank recap and NPL management create conundrum in bailout talks
Economyissue relates to the management of NPLs. According to the Bank of Greece (BoG) latest official date... concurrently. Kathimerini daily reported that ECB/SSM officials started reviewing on Wednesday 4,000
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Pension reform to be one of new government's toughest challenges in next weeks
EconomyProgrammeofficial data provided by the Labour Ministry for May, the monthly cost for the total of 2.66... eurozone officials recently stated that pension reforms are also key for unlocking the next tranche of 3
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