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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
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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
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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
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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
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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
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Second review to resume in Athens under severe time pressure
EconomyProgrammeMinistry, which identified labour reforms, the fiscal gap and the funding of the guaranteed minimal... funding, which is foreseen at 760 million. A negative development also emerged after the downward... collection will be in line with the target, the Fiscal Council stresses. On the GMI funding, a World Bank
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Newsletter 99 - 09/12/2016
risk using the EFSF/ESM funding strategy. Regarding the second review, Eurogroup President Jeroen... exceeding Greece’s allocated funding quota by over 1,000 percent. Greece is currently the IMF’s single... exchanges, interest rate swaps and matched funding. The proposed bond exchanges and interest rate swaps
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Deposits edge up to 124.8 bln in Nov on marginal inflows of 12 mln
EconomyMacroeconomyof November. BoG data published on December 13 displayed Greek banks’ Eurosystem funding dropped...) funding by 2.06 and 1.24 billion respectively. Greek banks’ reliance on Central Bank funding has declined
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Greek banks conclude series of corporate actions as part of restructuring
EconomyBankingan SME securitisation transaction achieving medium-term funding of 320 million. The senior notes were... to diversify Alpha’s funding sources, improve its liquidity profile and gradually restore its presence in the market to achieve access to medium-term funding. Alpha said that around one quarter
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ESM board to specify rules on short-term debt relief measures
EconomyProgrammeinclude the pricing and funding of those measures ensuring that the related costs will only burden... arrangements to stabilise the cost of funding for Greece and at the same time to reduce the risk... is the matched funding, meaning that the ESM will finance future disbursements to Greece with long-term
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