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What higher ECB haircuts on collateral could mean for Greek banks' liquidity
Economythey may further issue an additional amount of 40 billion up to the current legal cap of 85 billion..., bringing the total additional liquidity amount to slightly less than 50 billion. Even if we assume
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The key points from Greece's proposal to lenders
EconomyProgramme) An optimal legal and economic solution for the repayment of Greek government bonds (GGBs) held by the ECB... The government expects revenues of 1.67 billion in 2015 and 1.51 billion in 2016 bringing the total amount
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No time for Tsipras to celebrate as long list of tasks means pressure is on from start
EconomyProgrammeto accelerate NPL resolution, also including removal of unnecessary legal or other impediments... by 25 percent the retail and wholesale market shares of Public Power Corporation bringing them below 50
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Credit contraction slows to 1.5 pct in Sept on marked drop in corporate loan deductions
EconomyMacroeconomyat the end of March with the absolute figure above the 100-billion mark. The new legal framework... million bringing the 9-month figure at 82 million. After remaining stable in the prior two months
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Greece banking on Turkish cooperation in refugee plan
PoliticsForeign PolicyGreece and Turkey appear to see eye to eye on the need to share the burden of the refugee crisis and creating a legal framework to combat illegal immigration. That was the feeling that emerged from... exception to the positive mood at the meeting was Tsipras bringing up Turkish violations of Greek air space
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Newsletter 91 - 07/10/2016
compatriots. But there are also other legal tax privileges that do not resonate well with a frustrated... to the private sector fell for the second successive month by 629 million in August, bringing the total drop
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Countdown to start of second review begins, focus on more reforms
EconomyProgrammethe key topic since the government has to amend the legal framework for the out-of-court workout... calls for bringing collective dismissals, industrial action frameworks and collective bargaining
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Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
EconomyBankingconditions as well as implementation of the recently voted legal and judicial NPE management framework..., bringing total inflows to around 1.7 billion since June. The phased-in Common Equity Tier 1 (Tier1) ratio
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BoG reveals figures for repatriation and banknotes returning to banking system
EconomyBankingwas the provision of the legal framework of capital controls that allowed repatriated funds to be transferred... to the 11-month period of 2016 bringing the total amount at 7.9 billion over this 17-month period. Unlike
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The implications of Erdogan's referendum victory
Agorapriority, requesting a significant amount of legislative work to harmonize laws and the legal system... with the EU. In every speech Erdogan has made since the referendum, he has made reference to bringing back
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