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Eurosystem funding down by 2 bln in Oct for fourth straight fall
EconomyMacroeconomy) monthly financial statement showed on Monday. Since July, Central Bank funding has been reduced by 7.19 billion. In absolute terms, Euroystem funding landed at 119.38 billion euros in October, which...Greek banks’ Eurosystem funding continued heading south for the fourth straight month in October
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ELA funding down by 1.23 bln in August for second successive fall
EconomyMacroeconomystatement showed on Monday. In absolute terms, Eurosystem funding stood at 124.06 billion euros...Greek banks’ Eurosystem funding eased for the second successive month in August, when it fell... 2014 at 42.57 billion. The decrease in central bank funding is entirely due to a decline
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Can the Green Transition be just?
Agorafrom the use of fossil fuels in buildings and road transport in exchange terms. This cost... in terms of both cost and potential to reduce emissions. Moreover, the financial resources available.... In terms of total investment costs up to 2030, the scenario involving shallow energy upgrades
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Eurobank posts loss of 94.4 mln in Q1 as NPLs, Eurosystem funding rise
EconomyMacroeconomyan improvement QoQ. In absolute terms, NPLs reached 18 billion in Q1. The bank noted the NPL formation... 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
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Rare moment of unity as MPs agree to stop Golden Dawn’s state funding
![Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/10/23/goldendawn_100_myrto_2310-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
PoliticsGreek Politicseconomic circumstances and deep divisions over the terms of the country’s bailout, we should... 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
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Greece and troika: Bailout tranche, funding gap and debt relief still pending
PoliticsGreek Politicsmuch ground to cover in terms of structural reforms. Following Monday's Eurogroup in Brussels, Finance..., it will also clear the way for a discussion on the funding gap that lies ahead this year and in 2015... completed. With the funding gap debate settled, discussions will move to the much trickier matter
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PM to address inflation as polls show wear and tear for govt
PoliticsGreek Politicsis concerned about the political impact that inflation could have, particularly in terms of feeding... more than two years ago. According to Marc, support for ND in terms of voting intentions stands... on Thursday evening showed that in terms of voting intentions, New Democracy has an almost 10-point lead
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Greece's key pledges and requests at the Eurogroup meetings
PoliticsGreek Politicsrejecting the option of lengthening the bailout because it rejects the terms that come with it. Whether... finance ministers, which could discuss what kind of terms are acceptable to both sides, remains...% in nominal terms, down from 15% in 2010. Its primary surplus has reached 1.5% at the end of last year
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New Democracy faces claims of dark funding after revelation of links to internet campaign group
PoliticsGreek Politicsambivalent terms. In a social media post, Health Minister Adonis Georgiadis appeared to thank the partners... the governing party and the group, which it accused of using public funding to bankroll character assassination
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Banks’ EFSF bonds QE eligible but with little impact on liquidity
Economy’ sentiment very fragile, meaning there is often an exaggerated reaction to any positive or negative... in the programme. The bulk of banks’ EFSF bond holding were used until now as collateral for ECB funding... in the form of ECB funding with the cash they would get from the EFSF bond sales reducing accordingly
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