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  1. Athens and Skopje press ahead with confidence measures despite uncertainty

    PoliticsForeign Policy

    the next few days to discuss in detail bilateral CBMs with the government in the Former Yugoslav... the mandate of the United Nations on the name issue. However, they should help improve bilateral relations... examining the possibility of Brussels funding some of these measures. Reports in both Greece and FYROM

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  2. China's footprint in Southeast Europe: Constructing the "Balkan Silk Road"
    Photo by Angelos Christofilopoulos/Fosphotos

    Agora

    . As of end-2015, the total value of bilateral trade surpassed Euro 3 billion. The trade balance is heavily... container fleet. The bilateral agreement was signed in Athens in November 2008 and became operational.../44d4c87c-98dd-4061-bdf6-b292884a5073. For 2015 data see: http://atlas.media.mit.edu/en/profile/country/grc/. [7] Last year 150,000

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  3. Welcome to the club: Greece Joins the 17+1 network

    Agora

    , the network provides the institutional setting for China to engage on a bilateral basis with countries... administrations in the US. The depth of improvement in US-Greek bilateral relations extends beyond...In the course of the past decade, China has invested in and provided loan funding

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  4. Greek primary cash surplus widens to 3.2 bln in 7-month
    Photo by MacroPolis

    EconomyMacroeconomy

    to the Emergency Liquidity Assistance (ELA) to zero since June from 9.79 billion in December. This development follows Greek bank’s zero reliance on ELA funding as of May. b) A decline in bank support scheme... repos to cover short-term funding gaps. The year to date movement in long-term loans mainly

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  5. Greek primary cash surplus more than doubles to 2.45 bln at end of August

    EconomyMacroeconomy

    to the Emergency Liquidity Assistance (ELA) to zero in June, from 9.79 billion in December. This development follows Greek banks’ zero reliance on ELA funding as of May. b) A decline in bank support scheme... to cover short-term funding gaps. The year to date change in the long-term loans mainly stems from

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  6. Greek primary cash surplus up to 3.1 bln in September but state arrears also rise

    EconomyMacroeconomy

    banks’ zero reliance on ELA funding as of May. b) A reduction in the bank support scheme guarantees... significant YtD changes relate to: a) The elimination of the Emergency Liquidity Assistance (ELA... and reflect intra-government funding related to cash reserves of the gg bodies for which the Public

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  7. Troika and Greece in stalemate over budget targets, prior actions as time ticks away
    Photo by MacroPolis

    EconomyProgramme

    at the beginning of next year, Greek banks may not have access to ECB funding but resort only to Emergency Liquidity Assistance (ELA). Greek banks have eliminated the more expensive ELA funding since last May

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  8. General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing

    EconomyMacroeconomy

    ) The elimination of the Emergency Liquidity Assistance (ELA) guarantees from 9.79 billion in December to zero as of June. That development reflected Greek banks’ zero reliance on ELA funding as of May... in September. Short-term loans relate to intra-government funding via the cash reserves of the gg

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  9. Review completion and SMP redemptions will decide Greece's QE eligibility
    Photo by MacroPolis

    EconomyProgramme

    Assistance (ELA) funding for precautionary purposes. This approval was crucial for the four systemic... the Athens News Agency that ECB could extend approval of ELA funding beyond the February 28 deadline

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  10. General gov't primary surplus halves in Q1, arrears and guarantees jump

    EconomyMacroeconomy

    stems the Emergency Liquidity Assistance (ELA) bank guarantees which climbed from zero in December.... Only in March, ELA guarantees jumped by more than 46 billion, while bank support scheme guarantees... is delaying a part of the non-payroll cost to cover its short-term funding obligations. In absolute terms

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