Search
-
Amid crowding concerns, officials reject idea of return to full lockdown
PoliticsGreek Politicsasked as to the funds’ recipients and purpose. Challenged to explain the allocation of the funding...”, and is calling for Petsas to release full details of the funding, and resign. Allegations of misuse... pundits accusing the government of using emergency powers as a cover to direct funding towards friendly
1% -
EU deal appears promising for Greece, but success rides on efficient use of funds
PoliticsGreek Politicswas a reduction in funding for some EU programmes, such as the Horizon Europe scheme for research... is in the proposal and what projects Greece might propose for funding. All national plans will have to focus... Democracy will seek funding for. There is no doubt that Mitsotakis is correct in calling the total
1% -
BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Economythe Next Generation EU funding and reiterated his view that another systemic solution is needed to help... highlighted the significance of EU funding over the next six years, when Greece will be eligible for 30.2... investments. BoG estimates the GDP impact of the EU funding in the 2021-2026 period at 1.9 pct annually
1% -
Piraeus Bank posts pre-tax losses of 133 mln in 9M
EconomyBanking. Management said that this was mainly due to improving funding costs and increased fixed income holdings... Eurosystem funding increased to 9 billion euros as at the end of Q3, from 400 million euros at the end...) funding. Utilisation of the interbank repo market came to roughly 100 million euros at the end
1% -
NBG results show net profits of 602 mln euros in 9M
EconomyBankingof the performing loan book, as well as by the funding benefits from the increased TLTRO exposure..., the underlying CoR came to 99 bps. Eurosystem funding amounted to 10.5 billion in Q3, unchanged QoQ... the ECB, the bank’s blended funding cost is currently at 12 bps. LCR and NSFR are kept at levels
1% -
NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
EconomyBankingbillion euros YoY to 47 billion, comprising about 80 percent of the bank’s total funding sources. NBG’s..., with net repo exposure amounting to around 300 million euros. The significantly lower funding terms under... to a improvement of the bank’s blended funding cost to nearly zero Q4 (7bps), compared with 41bps
1% -
First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses
EconomyBankingthree main rounds of recapitalisation. The first used state funding via resources offered primarily... allocated 13.5 billion to cover the funding gap of banks under liquidation with the bulk of the funds... system. Combining the capital injections and funding gaps for banks under liquidation, the state
1% -
Sale of 10 pct stake in NBG ups taxpayer losses from banks to 34 bln
EconomyBanking. Greek systemic lenders went through three main rounds of recapitalisation. The first used state funding... of recapitalisation in 2013, the HFSF also allocated 13.5 billion to cover the funding gap of banks under... resources allocated to the Greek banking system. Combining the capital injections and funding gaps
1% -
Newsletter 447 - 17/01/2025
issuances in the coming months, as does the European Commission, which aims to tap markets for the funding... presents itself, without any funding pressures. It is understood that the strategy includes two main... finances, and their debt is on a downward path. UBS is bullish on GGBs thanks to the low funding needs
1% -
PM gives ESY clean bill of health, prompting opposition backlash
PoliticsGreek Politicsin public funding is mirrored in access: 21 percent of Greeks reported unmet health-care needs in 2023... PASOK and Syriza demand a deeper overhaul of public structures, increased funding and an immediate... a foundation for modernisation, but without decisive action on staffing, funding and primary-care capacity
1%