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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgramme36 billion. These additional funding needs stem from: 1) Lower fiscal targets (additional needs
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An impossible choice
AgoraAs this article was being written a few days ago, various European governments and international funding institutions were discussing the consequences of the expiration of Greece’s current financial assistance programme. Equally, ministries across the euro area were considering the Tsipras
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After 'No' vote, pulling Greek banks back from brink a priority
Economywith the objectives and tasks of the Eurosystem”. Since Greek banks have not any other funding sources
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What the ECB's latest decision on ELA and collateral haircuts means for Greek banks
Economya wide range of securities for ELA funding purposes. These mainly involve bank bonds issued with state
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Greece sends request for 3-year ESM programme, reform proposals to come
EconomyProgrammefuture funding requirements. On the key issue of debt, the letter notes that “Greece welcomes
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General gov't cash primary surplus to May halves, arrears keep rising
EconomyMacroeconomya large part of non-payroll cost to cover its imminent external funding needs. The absolute figures
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Greek banks in intensive care: What lies ahead?
Agorapercent of liabilities, a contribution from the resolution funding arrangement up to 5 percent
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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
Economywould allow catering for debt concerns related to gross funding needs. However, they would still
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For Greek banks, it's business as unusual
Agoraon deferred tax assets (DTA), NPL dynamics and the consequences of higher funding costs because
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Primary surplus 3.1 bln above target in H1 on severe underspend
EconomyMacroeconomyLiquidity Assistance (ELA) funding purposes. This item also includes an extraordinary item of 556
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