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Funding needs take centre stage in row between New Democracy and SYRIZA
Economyuncertainty. Until now, Greek banks are primarily using cheap ECB funding to participate in the T-Bill... elections is the issue of Greece’s funding needs by the end of March and the way they would be covered by the new government. According to Kathimerini daily, the breakdown of funding needs of 4.6
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You've heard the Greek crisis myths, now here are some truths
Agoraloan tranches until late last year). However, it is a mystery why anyone would consider that Greece... that the new government needs to stick to the commitments made by the previous coalition. Until now, Greece... but the troika ultimately approved the disbursement of each loan tranche until last September, when
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ELA funding down by 1.48 bln in July for first monthly drop since May 2014
EconomyMacroeconomyzero at the end of December. The ECB had kept the ELA limit for Greek banks stable until mid-July...Greek banks’ Eurosystem funding fell by 1.29 billion euros in July after rising by 10.17 billion.... This was the first drop in central bank funding since September 2014. The absolute figures showed
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ELA funding down by 1.23 bln in August for second successive fall
EconomyMacroeconomybillion in August. The evolution in the 8-month period from last December until July showed...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
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The lenders proposals on debt and funding needs that Greeks will vote on in referendum
EconomyProgrammethat a 5-month extension of the current bailout programme (until November 2015) is feasible... sustainability, the preliminary DSA concludes Funding needs and timetable of disbursements The lenders’ document shows that the available funding source include 1.8 billion from the EFSF, 3.6 billion from
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Two hurdles left for coalition this year before bigger challenges in 2014
PoliticsGreek PoliticsGreece’s coalition has two more hurdles to clear before it stumbles over the finishing line at the end of the year, exhausted and battered but not quite yet beaten. The first challenge is to pass the new property tax, which unites previous disparate levies in one charge, through Parliament. The new
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First round of local elections leave Greek politics finely balanced
PoliticsGreek PoliticsDemocracy’s incumbent Vassilis Michaloliakos was beaten into second place by independent Yiannis Moralis
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Samaras shoots, Samaras scores!
Agora“Samaras rescues Greece” – it’s the headline the prime minister and many in his office would have cherished. But Giorgos Samaras, the striker without a club, has beaten premier Antonis to the title of saviour thanks to his injury time penalty on Wednesday, which ushered Greece into the second round
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Wages index edges up YoY in Q1 after sinking by 24.8 pct since 2010
EconomyMacroeconomybeaten by that of Cyprus (-7.9 percent). In addition, Greece and Cyprus are the only two countries
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Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July
EconomyMacroeconomyand means that the primary surplus target was beaten by 1.48 billion euros. The fiscal performance
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