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  1. An impossible choice

    Agora

    As this article was being written a few days ago, various European governments and international funding institutions were discussing the consequences of the expiration of Greece’s current financial assistance programme. Equally, ministries across the euro area were considering the Tsipras

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  2. After 'No' vote, pulling Greek banks back from brink a priority
    Photo by MacroPolis

    Economy

    with the objectives and tasks of the Eurosystem”. Since Greek banks have not any other funding sources

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  3. What the ECB's latest decision on ELA and collateral haircuts means for Greek banks
    Photo by MacroPolis

    Economy

    a wide range of securities for ELA funding purposes. These mainly involve bank bonds issued with state

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  4. Greece sends request for 3-year ESM programme, reform proposals to come

    EconomyProgramme

    future funding requirements. On the key issue of debt, the letter notes that “Greece welcomes

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  5. General gov't cash primary surplus to May halves, arrears keep rising

    EconomyMacroeconomy

    a large part of non-payroll cost to cover its imminent external funding needs. The absolute figures

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  6. Tsipras runs gauntlet as he seeks approval for proposals from cabinet, lenders

    PoliticsGreek Politics

    as it covers funding needs for the next three years rather than just a few months. Tsipras will also

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  7. Tsipras tries to switch focus from measures to need for survival in euro

    PoliticsGreek Politics

    before the referendum as it covers Greece’s funding needs for the next three years and banishes

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  8. EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
    Photo by MacroPolis

    Economy

    would allow catering for debt concerns related to gross funding needs. However, they would still

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  9. Varoufakis adds to pressure on Tsipras ahead of lenders' return
    Photo by Damian Mac Con Uladh

    PoliticsGreek Politics

    theoretically has to be in place so Greece can received the necessary funding to meet the maturity

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  10. New prior actions may prove obstacle as Athens talks intensify
    Photo by MacroPolis

    PoliticsGreek Politics

    the funding Athens needs to cover the 3.5-billion-euro bond held by the European Central Bank, which

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