Search
-
Greece lays out plans for debt relief from eurozone
EconomyProgrammerate on the first programme’s bilateral loans (the so-called Greek Loan Facility – GLF) of 52.9 billion euros b) Extending the maturity of bilateral and European Financial Stability Fund (EFSF) loans... will request an extension of the bilateral GLF loans, Greek daily Kathimerini reported on Sunday
12% -
Greek-German relations: Perception versus reality
Agorathis week the amount of bilateral exchange would suggest that both countries are trying to put some... of bilateral cooperation that has been established alongside unnecessary finger pointing. Leaving...). It would be the third of its kind for Germany, after the bilateral institutes already existing
12% -
Greek debt falls to 312.7 bln in Q1 after return of EFSF bonds
Economyof Q1 corresponding to 65.5 percent of debt. Of this amount, 52.9 billion relate to bilateral loans... to Greece have so far reached 226.5 billion euors, of which 194.7 billion relate to the EU (bilateral..., while special purpose and bilateral loans, including those granted by the European Investment Bank
12% -
Is Greece facing a new migration crisis?
Societyat the end of 2017. One notable exception has been a bilateral agreement to relocate 1,000 refugees... and the bilateral protocol adopted in March 2019, just under 2,500 people have been deported from... integration. A key theme of its first bilateral meetings with EU partners has been to renew
12% -
Marginal net losses of 2 mln for Alpha in Q1
EconomyBankingdue to the reduced reliance on the Emergency Liquidity Assistance (ELA) funding, which was offset... reduced by 0.3 billion QoQ to 24.1 billion euros at the end of March with ELA funding at 19.7 billion... in March entailing a liquidity buffer of 3.1 billion. In more detail, from the total ELA collateral pool
12% -
Alpha Bank reports net losses of 16.8 mln in Q2
EconomyBankingon ELA funding and reduced usage of pillar II bonds, was offset by lower loan NII. The latter reflects..., on the back of 1.8 billion that was switched from ELA to ECB funding, due to the waiver reinstatement, while... at the end of June and further by another 1.6 billion in the course of Q3 so far. In particular, ELA
12% -
Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBankingLiquidity Assistance (ELA) funding has been reduced by a total of 4.1 billion since Q2 to 7.3 billion... billion in June. They stated that further elimination of ELA would be achieved through a combination... profile improved in Q3 with a further increase in our deposit base and reduction in costly ELA
12% -
National Bank posts losses of 159 mln in Q1 2015
EconomyBankingis attributed to higher Emergency Liquidity Assistance (ELA) funding cost. The Greek deposit spread.... The latter is made up by ECB funding of 9.8 billion (primarily EFSF bonds) and ELA funding of 15.6 billion. The bank noted it has a liquidity buffer of more than 12 billion mostly for ELA funding. The Basel
12% -
Greek QE eligibility? We're not there yet
Agoracurrently use for Emergency Liquidity Assistance (ELA) funding. The collateral types that would... the potential positive impact on liquidity (i.e. shifting from ELA to the cheaper ECB funding) stands... of June, which make up the biggest portion of ELA funding, would be unaffected as set out in a relevant
12% -
Piraeus first Greek bank to repay Pillar II bonds, others to follow
EconomyBankingAssistance (ELA) funding. Under the third pillar, the state had issued special bonds purchased by banks..., Pillar II bonds, which are used for ELA funding, bear a nominal interest rate of 1.55 percent (150... paid to BoG a total of 914.6 million euros in 2015 as interest expense for ELA funding, compared
12%