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Brexit leaves Greece dangling precariously
Agoraby the Greek tourism sector. Brits, though, represent a much bigger percentage of arrivals (10... to any kind of economic any political shock. The Greek economy is particularly vulnerable... of the Greek economy. A decline in the value of the pound, which was already evident on Friday, could see
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Newsletter 180 -26/10/2018
in the Greek media this week suggested that Tsipras has already begun work on a plan to get... until Greek MPs have to vote on the diplomatic pact, which will lead to Greece’s neighbour being... votes regarding the changes that have to be made to the constitution so Greek MPs are not likely
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Newsletter 245 -27/03/2020
about the impact the virus is having on the Greek economy, the government insisted that it is taking... European Council, Greek Prime Minister Kyriakos Mitsotakis joined another eight other European leaders... to push the cost of the crisis onto workers. Responding to this criticism on Thursday, The Greek
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Newsletter 79 - 24/06/2016
Greece receives 7.5 bln ECB reinstates waiver on Greek government securities Following the relevant... governing council decided to reinstate the waiver on Greek government securities, allowing Greek banks to swap Greek government bonds (GGBs) and T-Bills currently used as collateral for Emergency Liquidity
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Greece to recover at least 30 of 50 bln it borrowed to bail out banks, says HFSF chief
EconomyBanking. This estimation stems from the current value of HFSF shareholdings in core Greek banks of 18 billion, 2... sustainability analysis for Greece in March 2012. Until now HFSF has poured around 40 billion euros into Greek... in Greek banks by 6.6 billion euros in Q2 is expected to burden Q2 equity accordingly. In the interview
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ELA funding down by 1.23 bln in August for second successive fall
EconomyMacroeconomyGreek banks’ Eurosystem funding eased for the second successive month in August, when it fell... in August, which is the third highest reading since December 2012. Since the beginning of the Greek crisis... the ELA limit for Greek banks by 1.3 billion to 89.7 billion, on the back of improving liquidity
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ELA funding drops by 1.58 bln in Sept for third straight fall
EconomyMacroeconomyGreek banks’ Eurosystem funding slipped for the third straight month in September, when it fell... the ECB decided twice in September to reduce the ELA ceiling for Greek banks by 0.6 and 0.2 billion... reduced in October. The actual ELA funding withdrawn by Greek banks landed at 82.37 billion
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Coalition in rush to wrap up pending bailout issues
EconomyProgrammeAhead of Monday’s Eurogroup, the Greek government seems willing to accelerate its efforts to close... Moscovici reiterated during his meeting with the Greek authorities over the last two days... than 70 percent of indebted households, it is clear that a climb-down from the Greek side would
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Stournaras calls for lower primary surplus target, debt relief measures
![Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/10/10/stournarasasmussen_1000_1010-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
PoliticsGreek Politicstarget would facilitate a faster return of the Greek economy to sustainable and relatively high growth... loans for 20 years and extension of EFSF and Greek Loan Facility (GLF) loan maturities by around 22.... The reinstatement of the waiver on Greek government bonds for ECB funding and the participation
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Athens chided over asylum process but complex set of obstacles in way
PoliticsGreek Politicsone Syrian from Turkey for each one returned by Greece. However, the process has stalled on the Greek... and might have a chance of moving on from Greece to other EU countries. According to the Greek Asylum... if Merkel’s complaint has been prompted by the lack of personnel and resources on the Greek side
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