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Newsletter 129 - 28/07/2017
Assistance (ELA) funding fell further by 2.77 billion month-on-month to 37.93 billion at the end
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General govt primary cash surplus falls to 2.63 bln in six-month, arrears rise to 5.13 bln
EconomyMacroeconomyby a decline in Bank of Greece funding by 471 million to 2.85 billion. EFSF/ESM/IMF loans fell by 92
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Refugee returns to resume despite concerns over rights and conditions
Societyrecently that it would be cutting emergency funding to Greece in a move that was widely condemned
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Relief for coalition as wildfire threat subsides
PoliticsGreek Politicsof decision-making, funding and staffing were all raised by the coalition’s critics. Prime Minister
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Tsipras looks to recovery, sidesteps review concerns
PoliticsGreek Politicsit providing some funding or whether the European lenders have accepted that they will have to continue
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Tsipras looks forward and puts emphasis on growth, MoU exit
PoliticsGreek Politicswith funding or whether it will stand aside. “We can live with or without the IMF presence,” he said
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Clean exit under discussion but course of third review holds key
EconomyProgrammemember states to provide further funding to Greece after the third programme ends in August 2018
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Newsletter 132
to provide further funding to Greece after the third programme ends in August 2018 and that Athens itself
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Athens rushing to reduce arrears and secure 800 mln in bailout funds
EconomyMacroeconomy, using its own resources as well as the ESM funding released in July. Since then, though, the stock
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Banks enhance steps to deal with NPLs ahead of stress test
EconomyBankingto grant new loans at lower rates, thus minimising the credit risk that has left funding stagnant
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