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The case for a general government balance sheet
Agorathe following remarks: Net worth is negative in Greece and the Euro Area; a private entity (company... that governments are finding ways to finance deficits outside the Maastricht definition of debt... not willing to stick to the 60-percent rule. They are also incrementally finding ways around
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Newsletter 253 -05/06/2020
by the EU’s Aviation Safety Agency EASA, and would be under constant review. Theoharis stressed... and safety criteria”, adding, “the EASA list is our guide”. One of the practical challenges of opening
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Another Eurogroup for Greece where all options fell short
AgoraCommissioner Pierre Moscovici was the first to take the floor and his remarks suggest that over... Thomsen’s remarks that what is on the table falls well short of what the IMF considers necessary.... Schaeuble’s closing remarks set the tone for the next weeks and the possible outcome of the next Eurogroup
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Centre-left parties jockey for position ahead of EP elections
PoliticsGreek Politicsthe parties of the centre-left, prompting many of those around him to make disparaging remarks about... that is not finding representation in the existing parties. Kokkalis is the son of a prominent Greek entrepreneur
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Greek primary budget surplus doubles to 835 mln in Jan but below target
Economyof 812 million incorporated in the 2014 budget. MoF sources suggest that an agreement with the troika... such as healthcare provider EOPYY, Social Funding and Other Social Security Funds Expenditure and Other
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General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomydeterioration posting a deficit of 395 million in the 7-month period compared to a surplus of 812 million... to improve the cash-flow and cover the imminent (at that time) external funding needs. The breakdown
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How does ECB's decision on Greek banks' T-Bill exposure affect state liquidity?
Economyutilise 310 million euros (90 percent of HFSF cash reserves of 345 million) through an amendment... legally 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
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Newsletter 22 - 03/04/2015
, ahead of their recapitalisation. The remaining amount of 310 million concerns the 90 percent of HFSF... After successfully covering its funding needs in March, which, at 2.2 billion euros (excluding... to the Public Debt Management Agency (PDMA), the funding needs for April stand at around 820 million
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Newsletter 104 - 27/01/2017
) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter... and matched funding. The ESM reiterated that the implementation of these short-term debt relief measures... pensioners. 2 Eurosystem funding falls for 18th successive month Greek banks have cut
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Higher revenues set to ease coalition's liquidity concerns
EconomyProgrammebanks to the Hellenic Financial Stability Facility (HFSF) in 2012 and 310 million from its cash reserves...The Greek state has to imminently cover funding needs of around 1.2 billion euros this week in two... million from the Manpower Employment Organisation (OAED). The second important funding obligation
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