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What would a clean bailout exit for Greece mean in numbers?
Agorathat it would have to roll over. 2017 and 2019 reflect the 3 and 5 year issues earlier in the year... and other central banks over the next 5 years is just short of 23 billion euros. No other creditor... be deferred for 10 years and loan maturities extended for 15 years. The average maturity of the ESM
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Significant rises for Greek economic sentiment, consumer confidence in October
EconomyMacroeconomyimproved by almost 5 points to -50.9 in October, from -55.8 in September. The headline figure also..., extending its cumulative gains to 20 points in the 9-month period. Industry confidence rose by almost 5 points to -0.6 in October with the YtD gains at 10 points. Services confidence showed a relatively
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Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership
EconomyMacroeconomyhiked by an additional 45 bps. During the Greek crisis, the time deposit rate peaked at 5 percent... by 5 bps to 6.74 percent, while the rate in consumer loans without a defined maturity (mainly credit... segments fell by 10 bps to 5.03 percent in December, its lowest level since Greece’s accession
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Greek funding needs add to pressure in talks between Athens and lenders
EconomyProgrammeredemptions of 6.7 billion, IMF payments of 5 billion and interest payments of 4.2 billion. On top... and to issue additional T-Bills of 10 billion by increasing the current limit of 15 billion to 25 billion. Even if both requests are approved, there is still a gap of more than 5 billion by August that has
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Greek debt falls to 312.7 bln in Q1 after return of EFSF bonds
Economyin Q1 and fully reflects the 3- and 6-month T-Bill issues rolling-over a total amount of 10 billion... of outstanding debt has a residual maturity of more than 5 years, fully attributed to FSN loans, while 13 percent is in short-term (up to 1 year) and 11 percent in medium-term (1 to 5 years) debt. Greece’s cash
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National Bank posts losses of 159 mln in Q1 2015
EconomyBanking. On the flipside, the domestic lending spread slipped by 5 bps mainly arising from a 14 and 10 bps drop... by 3 and 4 percent respectively. Net interest income (NII) fell 5 percent QoQ, largely stemming from
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How big is the gap separating Greece and the institutions?
EconomyProgramme, cheese and oil would be transferred to the higher rate of 23 percent meaning a 10 percent rise... contribution for pensioners for their main pensions by 1 pp from 4 to 5 percent. The institutions insist... from zero to 5 percent, whilst the institutions propose a higher rise to 6 percent. This creates a gap
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Greece and creditors try to untangle pension complications
EconomyProgrammepensions would involve a new reduction of 5 to 10 percent effective as of October. This is due... Institute (IKA). 5) Those retiring after June 30 will receive a pension corresponding to their social
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Greece and lenders appear close to third bailout deal, with few issues outstanding
EconomyProgrammerate applied on tax obligations above 5,000 euros from 3 to 5 percent. For lower amounts... government bonds held by the ECB that mature on August 20. 2) An initial amount of 10 billion euros... in September. 5) Payment of state arrears to the private sector of around 3 billion euros.
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A breakdown of Greece’s revised financing needs as part of its new ESM programme
EconomyProgrammethose presented in the eligibility report released on July 10. The difference is largely attributed... sector (8 billion). 4) Payment of EFSM bridge loan (7 billion). 5) Unwinding of repo operations (3.5... (1.8 billion). 5) Greek Loan Facility (GLF) loan (1 billion). 6) New European Stability Mechanism (ESM
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