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Newsletter 86 - 02/09/2016
funding costs, due to reduced reliance on emergency liquidity assistance (ELA) and decreased pillar II
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Tsipras limits pledges and expectations in Thessaloniki
PoliticsGreek Politicsfor schoolchildren, 15,000 more places at nurseries and funding for a programme to encourage young Greeks to return
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Opposition leaders rule out support for SYRIZA as battle for centre ground looms
PoliticsGreek Politicstargets and complete the reforms needed to secure further bailout funding. The Union of Centrists
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Government's relationship with Stournaras teeters again
PoliticsForeign Policyfunding, as well as the programme review that will follow.
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HFSF records losses of 578 mln in Q1 on negative revaluation of bank holdings
EconomyBankingbillion that had been provided by HFSF to cover those banks’ funding gap. Of this figure, HFSF
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Government caught between milestones and corruption claims
PoliticsGreek Politicsof several of the 15 milestones needed for Greece to obtain further bailout funding. The full
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Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln
EconomyMacroeconomyarrears) have been cleared in this 2-month period. Subject to regular funding for arrears clearance
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How Greece's political system failed to safeguard the largest investment in the country's history
Agoracontributed 13.5 billion euros to cover the funding gap of banks under liquidation. The bulk
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IMF's role in Greek bailout remains in doubt
EconomyProgrammeaccept a special advisory status with limited powers rather than participating with funding in a new
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Arrears payments of 915 mln in Aug bring total to 1.4 bln over two months
EconomyMacroeconomy. Bailout funding of 1.8 billion euros, from the first sub-tranche of 7.5 billion that Greece received
2%