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  1. ELA funding down by 1.23 bln in August for second successive fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding eased for the second successive month in August, when it fell... statement showed on Monday. In absolute terms, Eurosystem funding stood at 124.06 billion euros... 2014 at 42.57 billion. The decrease in central bank funding is entirely due to a decline

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  2. Greek funding needs add to pressure in talks between Athens and lenders

    EconomyProgramme

    Greece and its lenders but these talks continue against a backdrop of pressing funding needs... government bonds (GGBs) held by the Eurosystem of 3.5 and 3.2 billion respectively. Thus, funding... of that, funding needs for the last four months of the year total 4.8 billion euros. The cumulative

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  3. Eurobank posts loss of 94.4 mln in Q1 as NPLs, Eurosystem funding rise
    Photo by MacroPolis

    EconomyMacroeconomy

    funding and government guarantees’ (pillar II) cost. The bank said the bulk of the NII... to March with May flow so far reaming calm, according to the banks’ management. Eurosystem funding.... As expected the bulk (20.8 billion) relates to Emergency Liquidity Assistance (ELA) funding

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  4. Independent watchdog in eye of storm as parties clash over surveillance probe
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to inform them of the independent watchdog’s findings. Reports suggest that ADAE’s investigation into the wiretapping affair confirmed that six public figures, one minister and five high-ranking

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  5. Greece courts danger
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    the findings of a preliminary 9-month investigation into the use of illegal spyware that targeted dozens... suggests that the pressure from high-ranking police officers and ministry officials to show results

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  6. Opposition outmanoeuvred by fast-track prosecution of first political figure over Tempe
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of high-ranking government politicians in hampering the investigation into the causes of the crash.... The qualitative findings sketch a picture of disillusionment and cynicism among the public. Around 4

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  7. Government vows to recover embezzled subsidies in bid to stem damage from scandal
    Image: Grok

    PoliticsGreek Politics

    evidence by a high-ranking government official, suggesting that knowledge of the investigation’s findings was more widespread in the upper echelons of the administration than is officially acknowledged

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  8. Rare moment of unity as MPs agree to stop Golden Dawn’s state funding
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    voted in favour of an amendment submitted to Parliament. The legislation will see state funding... vote they received at the general elections. The amendment foresees public funding and lawmakers... a public relations gift by giving voters the impression it did not want to cut Golden Dawn’s funding

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  9. Greek banks' capital backstop and the funding gap: An uneasy relationship
    Photo by Harry van Versendaal

    Economy

    buffer was recently fuelled by rumours that it could be used for covering Greece’s funding gap... used to cover the funding gap. The HFSF’s capital buffer has also come under the spotlight because... to count on the banks’ backstop facility to cover the anticipated funding gap and avoid another troika

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  10. Greece's fiscal, debt and funding goals as set out at Eurogroup

    EconomyProgramme

    of additional T-Bills to cover funding needs, which he argues would not raise the debt amount... percent, the debt ratio in NPV terms would reach 120 percent in 2020. 2015 funding needs The budget.... To cover the short term funding needs, the Greek government proposed the combined involvement

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