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  1. Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln
    Image via www.piraeusbank.gr

    EconomyBanking

    billion in H1. The liquidity coverage ratio stood at 192 percent. Eurosystem funding stood at 14.4... operations (TLTRO III) funding. Net loans came to 36 billion euros, with loans comprising 44 pct

    2%

  2. Greece aiming to agree updated migration deal with Turkey

    PoliticsForeign Policy

    will seek further EU funding. Following the elections in his country earlier this year, Erdogan has... as additional funding. The agreement has so far financed 6 billion euros, but the EU could add an additional 3

    2%

  3. State braces for losses as bank divestment plan is put into action
    Photo via https://flic.kr/p/GG7K6F

    EconomyBanking

    lenders went through three main rounds of recapitalisation, the first used state funding via resources... in 2013, HFSF also allocated 13.5 billion to cover the funding gap of banks under liquidation

    2%

  4. Benefits of investment grade starting to become visible
    Photo by Panayiotos Tzamaros

    Economy

    buffer is ESM funding that is only for specific purposes under certain conditions. One option being explored is to use the cheap ESM funding for the repayment of a good chunk of the GLF loans, currently

    2%

  5. IMF's Article IV consultation notes progress, reiterates low long-term growth outlook
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    but remain persistent in services due to wage growth. As RRF funding expires, GDP growth may slow... of around 2.5 pct of GDP in 2025. Improving expenditure efficiency is essential to ensure adequate funding

    2%

  6. Water shortages a growing concern as government warns bills could increase
    Photo via www.eydap.gr

    PoliticsGreek Politics

    acknowledged that more funding was needed urgently for repairs and upgrades to the water distribution..., “so that our children and the next generations do not have to confront the problem again”. Funding

    2%

  7. Parties gear up for fresh tug-of-war over Tempe investigation
    Photo by MacroPolis

    PoliticsGreek Politics

    in late 2022 and early 2023, weeks before the crash, asking for more state funding to be approved... in which the former makes it clear that OSE’s funding is not sufficient to cover the needs of maintaining

    2%

  8. Famellos presents struggling SYRIZA’s case, pleads for unity among progressives
    Image: https://syriza.gr/

    PoliticsGreek Politics

    health funding to EU averages; 15,000 new permanent posts in the national health system; doubled university funding to 5 pct of GDP, abolition of private universities and expansion of teaching staff

    2%

  9. Prospect of US involvement jump-starts Greece-Cyprus power link
    Image: https://www.primeminister.gr/

    PoliticsGreek Politics

    of direct involvement by the US in funding infrastructure development. Reports say the prospect..., is behind the proposed change of terms for the project, which faces a funding shortfall in the region

    2%

  10. In clearest statement yet, Tsipras says he'd keep euro
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    structural and regional funding that Greece had not absorbed from its 2007-2013 envelope should

    2%