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Newsletter 259 -24/07/2020
its troubled development model and to ensure that the necessary funds reach these schemes. Shortly after the EU funding was sealed, the Organisation for Economic Cooperation and Development (OECD... projects Greece might propose for funding. All national plans will have to focus on the green
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NBG results show net profits of 465 mln euros on strong income
EconomyBankingwill be accelerated, as will the implementation of a more agile operating model so as to improve the Bank..., the underlying CoR stood at 97 bps in the first half of the year. Eurosystem funding amounted to 10.5... stable funding ratio exceeded 100 percent, exceeding regulatory thresholds. Capital The CET1 ratio
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PM launches reconstruction plan for disaster-hit regions as SYRIZA walkout spawns new group
PoliticsGreek Politicsfor the creation of a special task force for the reconstruction of Thessaly on the model...’s claims to have secured additional European funding for the measures and earmarked funding
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BoG sees encouraging signs for Greek economy but warns on reforms
Economyof debt and sustain the country’s access to capital markets. c) Reorientation of the production model... regaining access to alternative funding sources, such as corporate bond issues, increased absorption of EU
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You've heard the Greek crisis myths, now here are some truths
Agorathe economic model from one that was consumption-based to one that is export-oriented. In the press... spent on. The result is many Europeans are left with the impression that their taxes have been funding
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First review completed but more prior actions lie ahead for Greece
EconomyProgrammefor the implementation of the EU target model for the electricity market. Independent revenue agency 1... party funding · Amendment of the current legal framework on non-performing loans related to out
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Tsipras unveils growth plan but little in way of new ideas
PoliticsGreek Politicsmodel Greece had before the crisis began in 2008, when the country enjoyed one of the highest growth... and relatively large amounts of EU funding being made available may appeal to some but it is unlikely
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PBO warns of recovery risks, fourth bailout and possible default
EconomyMacroeconomy. On the economic front, the report stresses that a new export-oriented economic model is emerging... funding needs beyond 2018. In case the country does not have access to the markets then the government
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Amid exit speculation, growth strategy offers chance for coalition to show intentions
PoliticsGreek Politicsis to avoid returning to the model in place before 2008 and the second is to develop a holistic programme... the programme without one is akin to signing up for a fourth bailout without any funding
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Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
EconomyProgrammeare expected to submit a funding model for the medium-term and Bank of Greece (BoG) will be monitoring
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