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  1. Moody's downgrades Greek bond rating, sees chances of accident rising

    Economy

    Moody’s downgraded late on Wednesday Greece’s government bond rating by one notch to Caa2 from Caa1, concluding the review for downgrade that commenced on February 6. At the same time the outlook..., this would correspond to more than 6 billion outflows in the course of April. Moody’s notes that a delayed

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  2. Market value of HFSF's bank holdings plummets by 11 bln in 2014
    Photo by MacroPolis

    EconomyBanking

    covered by the end of 2014 the funding gap of 12 banks (6 commercial and 6 cooperative banks) under

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  3. Growing scepticism of SYRIZA strategy but opposition parties fail to profit

    PoliticsGreek Politics

    of New Democracy on just 15.5. To Potami garners 6 percent and PASOK a measly 3 percent. The university... 27.8. Potami won 6 percent and PASOK 4.6. If any conclusions can be drawn from

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  4. Newsletter 30 - 12/06/2015

    Newsletters

    of June. Since the ELA liquidity buffer for Greek banks has remained stable at 3 billion over the past 6... sector withdrawals, reached around 6 billion over this period. Based on the latest ELA limit of 83

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  5. How Greek banks were left on the brink
    Photo by Harry van Versendaal

    Agora

    valuation and haircut regime. Given that the ELA limit was raised by around 6 billion euros since... percent after improving by more than 6 pp in the course of 2014. Greek banks’ cumulative provisions (Loan

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  6. How big is the gap separating Greece and the institutions?
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyProgramme

    they should be further raised to 6 percent, creating a gap of 270 million in 2015 and 540 million... from zero to 5 percent, whilst the institutions propose a higher rise to 6 percent. This creates a gap

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  7. Newsletter 32 - 26/06/2015

    Newsletters

    percent, a reduced at 13 percent and a super-reduced at 6 percent. The latter currently stands... pensions from 4 to 6 percent and to a similar level for supplementary pensions, where the rate is now

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  8. Referendum call stretches state liquidity, pensioners first to bear the brunt
    Photo by Damian Mac Con Uladh

    EconomyProgramme

    The imposition of capital controls accompanied by a bank holiday for 6 working days starting from June 29 until July 6 had a series of negative repercussions on the life of Greek citizens and the economy. One of those that were mostly hit were pensioners. The bulk of main pensions, mainly related

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  9. Referendum and the ECB to determine the future of Greek banks
    Photo by MacroPolis

    Economy

    forced a bank holiday and capital controls until July 6, one day after the referendum. This means... percentage points (pp) would leave the ELA liquidity buffer at around 6 billion, while a higher haircut

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  10. IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief

    EconomyProgramme

    entities to recycle cash surpluses around 6 billion out of the 10.7 billion ought to be consolidated... by September and financing needs until then would be covered by about 6 billion from the Hellenic

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