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  1. NBG reports net profits of 131 mln in Q1, accelerating profitability
    Image via www.nbg.gr

    EconomyBanking

    of this year. Non-binding offers have also been received for Project Mirror, an unsecured portfolio.... Eurosystem funding came to 2.3 billion in Q4 and was unchanged QoQ. As of the end of 2017, NBG had fully eliminated Emergency Liquidity Assistance. The total amount currently consists of TLTRO funding from

    2%

  2. From the National Energy and Climate Plan to COP26: What has Greek climate policy learned?

    Society

    on the energy and climate change front, making 6 billion euros of EU stimulus funding available over..., Greece is licensing new gas-fired power stations, as well as using previous rounds of EU funding... enough. The country’s first draft Climate Law will make policy targets binding under EU legislation

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  3. Opposition takes aim at justice minister over offshore holdings amendment
    Photo by MacroPolis

    PoliticsGreek Politics

    to the causes of a fire on the crash site. Government officials welcomed the findings, claiming they dealt.... Floridis called for the opposition to apologise in light of the new findings for taking advantage... the New Left party questioned why the government was celebrating the findings of the report since

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  4. SYRIZA pushes alternative cost-of-living package but govt support still a vote-winner
    Image: www.syriza.gr

    PoliticsGreek Politics

    round, the gap widened further to 9.7 pct. The findings suggest that despite the derision heaped... as an attempt to enhance transparency around media ownership and funding, however critics fear it opens... funding will be allocated. While this is presented as a response to the criticism the government

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  5. Greek banks on cusp of improved liquidity conditions

    Agora

    requirements for ECB funding purposes) was initially introduced on December 19, 2012 following a positive... (GGBs), T-Bills, pillar II and III bonds, used as collateral for ECB funding via the Emergency... would no longer be eligible as collateral for ECB funding from March 1, 2015. This means

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  6. Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead

    Agora

    from last year. The improvement mostly reflects lower wholesale funding cost, stemming from the reduced reliance on the Emergency Liquidity Assistance (ELA) funding coupled with lower holdings... figures displayed Greek banks’ reliance on Eurosystem funding dropped by 14.31 billion euros QoQ to 87.14

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  7. The Greek Ombudsman and public administration during challenging times
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    of sanction, distinguish it from other control mechanisms and the courts. Its non binding recommendations.... On top of the lack of funding resources, which undoubtedly affects its operations, public administration

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  8. Finance Ministry outlines plans for making savings, increasing revenues
    Photo by MacroPolis

    EconomyProgramme

    outlined the three priorities to help cover funding but also supporting the fiscal consolidation... for procurements of up to 60,000 euros. This procedure will be binding not only for state firms but also

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  9. Agreement on third bailout with revised fiscal and macro targets, host of prior actions

    EconomyProgramme

    of the privatization plan undertaken by the Hellenic Republic Asset Development Fund (HRADF). Announcement of binding... Mechanism to release funding before August 20, when Greece has to meet the maturity of a 3.2-billion-euro

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  10. The ins and outs of the Greek bank recapitalisation process
    Photo by MacroPolis

    Economy

    , since they are not as severe as previously feared, yet it is not clear whether the binding scenario... that “the law relating to government guarantees on DTA will be amended to minimise programme funding

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