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Tsipras to meet Merkel amid search for political backing
PoliticsGreek Politicsthe coalition overcome its immediate funding problems and avoid speculation about the possibility... is for the government to receive part of the 7.2 billion euros remaining in bailout funding in return
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Why Greece is asking for 1.2 bln back from the EFSF
Agoraand 15 billion to cover the funding gap and recapitalisation of non-core banks. Thus, subtracting... of the remaining cash of 345 million) to cover short-term funding needs primarily through purchases
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Market value of HFSF's bank holdings plummets by 11 bln in 2014
EconomyBankingcovered by the end of 2014 the funding gap of 12 banks (6 commercial and 6 cooperative banks) under liquidation for a total consideration of almost 13.5 billion euros. The bulk of this funding gap
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General gov't primary surplus halves in Q1, arrears and guarantees jump
EconomyMacroeconomyis delaying a part of the non-payroll cost to cover its short-term funding obligations. In absolute terms... for ECB funding. The remaining 13 percent of total guarantees, which corresponds to 15.9 billion
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Creditors devise proposal in Berlin, Tsipras prepares ground in Athens
PoliticsGreek Politicsthe process and pave the way for the release of 7.2 billion euros in bailout funding. As we had... and funding, which are particularly sensitive topics for the ECB and the eurozone. Once the deal
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Lenders put together proposal that may leave Tsipras struggling
PoliticsGreek Politicsof the bailout funding package. The FT claimed that there are discussions about extending Greeceās... of more bailout funding to cash-starved Greece would provide some relief, it is difficult to see
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Sharp drop in gg primary surplus by end-April, arrears keep rising
EconomyMacroeconomyto cover its short-term funding needs. In absolute numbers, arrears increased to 4.82 billion in April... used for ECB funding. At the same time, bank support scheme guarantees slightly rose to 43.47
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ECB increases ELA limit for Greek banks in first positive signal since referendum
Economyof EFSF bonds, which are used as collateral for ECB funding purposes, we understand that ELA funding
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Bailout talks, SYRIZA bickering continue - no definite end date for either
PoliticsGreek PoliticsAthens to receive the funding it needs to cover the 3.2-billion-euro bond held by the European Central... is being asked to pass a number of "prior actions" before it can receive any more funding
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Outflows ease to 1.5 bln in July but deposits reach lowest level since May 2003
EconomyMacroeconomy. At the same time, the reliance of Greek banks on Eurosystem funding eased in July for the first time... Assistance (ELA) funding to 85.29 billion at the end of July. Following a request by BoG, the ECB
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