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EU-Greece island containment policy slammed as refugees endure squalid winter camps
Societythis year put estimates of aid funding received by Greece at around 803 million dollars since 2015..., which directed EU funding to Greek authorities rather than NGOs, prompted many NGOs to scale back... this year that it would be cutting emergency funding to Greece in a move that was widely condemned
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Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
EconomyBankingto the positive effects of the going improvement of the funding cost being offset by the asset deleveraging... funding fell by around 3.8 billion QoQ to 12 billion in Q3. The decline continued into mid-November... funding came to 10.9 billion. Gross loans further contracted by 1.01 billion QoQ to 61.04 billion
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Banks receive deposit inflows of 2.54 bln in December
EconomyMacroeconomystatement recently showed that Eurosystem funding rose by 786 million euros in December. This caused central bank funding to rise to 33.67 billion euros, and represented the first increase in total Eurosystem funding since June 2015.
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Deposits turn negative in Jan with outflows of 1.40 bln
EconomyMacroeconomy’s most recent monthly financial statement showed that Eurosystem funding rose by 786 million euros in December. This caused central bank funding to rise to 33.67 billion euros, and represented the first increase in total Eurosystem funding since June 2015.
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EquiFund makes official launch in bid to grow Greek businesses
EconomyFeaturesis to leverage around 500 million euros in funding to support business growth. By providing loans... (EU) along with funding from the European Investment Bank (EIB) through the European Fund... develop businesses in Greece and encourage their growth. It outlines several stages at which funding
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Deposit inflows reach 1.30 bln in August on increased sight deposits
EconomyMacroeconomythat Eurosystem funding fell by 382.1 million euros in August. August’s movement brings the total for central bank funding to 12.63 billion euros compared to July’s sum of 13.02 billion euros. Since the start of the year, Eurosystem funding has declined by around 21.04 billion.
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Deposit inflows come to 102 mln in September, slowing from recent months
EconomyMacroeconomyto 147.47 billion. The BoG’s most recent monthly financial statement showed that Eurosystem funding... for central bank funding to 12.23 billion euros compared to August’s sum of 12.63 billion euros. Since the start of the year, Eurosystem funding has declined by around 21.44 billion.
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October deposit inflows turn negative by 345.5 mln for first time since January
EconomyMacroeconomyto 147.98 billion. The BoG’s most recent monthly financial statement showed that Eurosystem funding... for central bank funding comes to 13.20 billion euros compared to September’s sum of 12.23 billion euros. Since the start of the year, Eurosystem funding has declined by around 20.47 billion.
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December deposit inflows hit six-year high of 3.15 bln
EconomyMacroeconomy’s most recent monthly financial statement showed that Eurosystem funding fell by 978 million euros month-on-month in November. As of November’s data, the total for central bank funding comes to 12.23..., Eurosystem funding has declined by around 21.45 billion. The BoG also announced on January 24, 2019
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NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBankingwith a cost of risk at 140 bps. Eurosystem funding remained at 2.3 billion in Q2, unchanged QoQ... consists of TLTRO funding from the ECB, with the Bank enjoying a large liquidity buffer. Interbank exposure was reduced by 2.7 billion in the year to date, stemming from further funding cost
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