Search
-
Lack of liquidity, political cost push Greek gov't to seek swift deal with lenders
PoliticsGreek Politicsto the process, even earlier than the next scheduled Eurogroup on May 11. Liquidity shortage This may... members, may have concentrated minds in the Greek government. The practical problems being caused... of those polled said they disagreed with the coalition’s approach. The concern that it may run out
2% -
What higher ECB haircuts on collateral could mean for Greek banks' liquidity
Economyconference, ECB President Mario Draghi emphasised that the governing council may have to review... they may further issue an additional amount of 40 billion up to the current legal cap of 85 billion. Banking sources indicate that ELA-eligible loans of 40 billion may also be used in the future for ELA
2% -
Greece eyes temporary solution to liquidity problem from Brussels Group talks
PoliticsGreek Politicsrescheduled for May 6. However, it is clear that despite its efforts to collect the cash reserves from... needed to cover the next IMF payment of close to 750 million euros on May 12, a day after the next... that the country may even slip into recession again. This means that each side’s projections
2% -
Tsipras suffers serious knocks in prior actions vote but emerges on his feet
PoliticsGreek Politicsby Euclid Tsakalotos and Tsipras may also choose to instigate the removal of Konstantopoulou from her post.... There is a possibility that Tsipras may take this opportunity to conduct a wider reshuffle, involving... into the open with any proposals it may have. The government’s stability over the next few weeks may
2% -
Which way now, Mr Tsipras?
Agoraa party as SYRIZA may be, balancing the desires of those who are now openly advocating an exit from... until a productive discussion on debt relief (which may yet be his personal vindication from all... will be sent tumbling out of the euro. Schaeuble may not have got what he wanted at the weekend summit, where
2% -
June deposit outflow rises to 7.58 bln as total balance drops to lowest in 12 years
EconomyMacroeconomyin May, according to the Bank of Greece (BoG). The outstanding balance fell further to 122.23 billion.... That said, almost 70 percent of June withdrawals were in cash compared to 45 percent in May. As in May, the withdrawals in June are primarily attributed to time deposits, which posted outflows of 7.9
2% -
Newsletter 39 - 21/08/2015
at the polls, he may have to find a new coalition partner. should start considering life outside... when an interim administration was appointed between the May and June elections in 2012... by 13.4 percent from 4.2 percent in May. The June headline figure is the eighth straight monthly
2% -
Tsipras tries to stem losses to left ahead of snap elections
PoliticsGreek Politicsmay have a very small representation in Parliament or might not even clear the 3 percent threshold. In this respect, Tsipras is in no position to rule out any alliances, especially as he may see... MPs will not be standing for Popular Unity or may not be taking part at all, such as ex-Finance
2% -
Unemployment rate edged up to 25.2 pct in June
EconomyMacroeconomypercent in May, the Hellenic Statistical Agency (ELSTAT) said on Thursday. The June headline figure... displayed a steeper rise by 1.2 percentage points (pp) to 25.2 percent in June from 24 percent in May..., albeit at a slower pace, showing a 0.2 percent MoM decrease in June from 0.9 percent in May. The changes
2% -
Newsletter 42 - 11/09/2015
seasonally adjusted unemployment rate edged up to 25.2 percent in June from 25 percent in May... that these “outsiders” – if we may call them as such for the sake of the argument – care very much... of European observers. He may appear to be a safer pair of hands than Tsipras. But questions
2%