Search
-
As hopes of April 24 deal fade, differences between Greece and lenders remain
PoliticsGreek Politicsunlock funding will carry over into May. Although some Greek government officials insist a deal... of at least some of the 7.2 billion euros in remaining bailout funding but the institutions insist... not receiver further bailout funding. There is no clear picture on whether the government can continue
1% -
Tsipras steps in amid concern deal with lenders slipping away
PoliticsGreek Politicsthat would secure further bailout funding and solve the government’s growing liquidity problem might... the conditions are in place for funding to be released following the next finance ministers’ gathering on May... bailout funding. An Alco opinion poll for Proto Thema newspaper on Sunday indicated that the majority
1% -
Piraeus Bank brings Q1 2015 losses down to 69 mln
EconomyBankingjumped close to 120 percent in Q1 from 101 percent in Q4. Eurosystem Eurosystem funding climbed from... billion in mid-May. The breakdown of the most updated figure includes ECB funding of 15.1 billion, mostly due to EFSF bonds of 14.4 billion and ELA funding of 18.1 billion. The latter is almost equally
1% -
Newsletter 32 - 26/06/2015
the programme if Greece is to avoid defaulting. Eurosystem funding increased Greek banks’ Eurosystem funding increased for the eighth straight month in May but at a slower pace of 3.56 billion euros... for further bailout funding has had no basis over the last couple of months as it slowly conceded ground
1% -
Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agorastems from a further reduction in their reliance on the Emergency Liquidity Assistance (ELA) funding... be replaced by cheaper ECB funding. This would have a positive impact on banks’ NII of 76 million... of -40 bps versus zero cost for EVB funding entailing a positive impact of 130 million on their NII
1% -
Greece's public healthcare in a muddled and troubled state
EconomyFeaturespercent in 2014 to 59.7 percent in participation of the public sector in the total funding on health expenditure was observed. Conversely the participation of private sector in the total funding... private funding, 31.3 percent from social security funds and 28.4 percent from general government
1% -
Deposit flow turns negative, outflows of 153 mln in July
EconomyMacroeconomy, Greek banks’ dependence on Eurosystem funding further dropped by 4.3 billion in July reflecting a decrease in the Emergency Liquidity Assistance (ELA) funding by 2.93 billion, while ECB funding also
1% -
Newsletter 92 - 14/10/2016
, respectively. Eurosystem funding fell for the 15th straight month in September, dropping by 3.15 billion... assistance (ELA) funding by 1.82 and 1.33 billion, respectively. Overall, the Greek banks’ reliance on central bank funding has been reduced by 32.2 billion since the beginning of the year, largely
1% -
Some progress in first round of talks but most second review issues remain unresolved
EconomyProgrammeas funding of the guaranteed minimum income (GMI), where substantial progress has been achieved but which... to have different views on the GMI funding. The institutions reportedly proposed the reduction..., mainly due to GMI funding. The Greek side argued that the revenue outperformance in the first nine
1% -
Alpha and NBG complete sales of hotels
EconomyBankingAssistance (ELA) funding. Based on the latest official data for August, NBG’s ELA funding stood at 5... to assets, NBG’s reliance on ELA funding is by far the lowest among its Greek peers. In its weekly
1%