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Eurosystem funding rises to 13.2 bln in October, banknotes up for third month
EconomyMacroeconomyGreek banks’ Eurosystem funding increased by 974 million euros month-on-month (MoM) in October... that the ELA ceiling for Greek banks would be reduced further by around 100 million euros to 4.9.... The declines are largely the result of Greek banks replacing this type of liquidity with interbank repos
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Eurosystem funding falls by 978 mln in Nov, banknotes increase for fourth month
EconomyMacroeconomyGreek banks’ Eurosystem funding declined by 978 million euros month-on-month (MoM) in November... announced that the ELA ceiling for Greek banks would be reduced further by around 100 million euros.... The declines are largely the result of Greek banks replacing this type of liquidity with interbank
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What brought down Golden Dawn?
SocietyThe Greek neo-Nazi party Golden Dawn burst onto the parliamentary scene overnight in 2012... on live TV, without any repercussions. However, it was the murder of Greek musician and anti-Nazi... claimed that it was “returning it to the Greek people, mainly in the form of social work, soup
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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammeThe talks between the Greek authorities and the heads of institutions concluded on Wednesday... at the moment seeing a fiscal gap of 1 billion euros, or 0.5 percent of GDP, if the Greek authorities go ahead with the implementation of the tax relief measures that the Greek Prime Minister pledged
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Athens pleased with Washington talks despite lack of definitive US position on Turkey
PoliticsForeign Policydiplomatic tour in the US even though the Greek side did not elicit from the US president a public... sovereign rights. The Greek side underlines the warm words from US vice President Mike Pence... on Wednesday. In an effort perhaps to respond to the awkwardness that the Greek premier faced during his
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Lenders conclude 'productive' talks on fifth review but issues remain as Athens targets fiscal space
EconomyProgrammebetween the Greek authorities and the heads of the institutions in Athens that were preceded... legacies and restrained by legal complexities, the Greek banking sector is not able to assume its... euros. Otherwise, they will need to take their own provisions that will hit their capital base. Greek
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Mitsotakis heads to Berlin as Athens looks for more EU support on migration
PoliticsForeign PolicyThe Greek government is planning its next steps regarding the migration crisis and is seeking... with the CNN. Mitsotakis will brief Merkel on the current situation in the Greek-Turkish border even though the official purpose of his visit to Berlin is the Greek-German Economic Forum. From Berlin
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Greece and Turkey go into new round of exploratory talks with trust at a premium
PoliticsForeign Policyand Greek diplomats are scheduled to resume in Istanbul this Monday, January 25, the exploratory talks long... will be crucial for the course of Greek-Turkish relations especially ahead of the European Council in March... for the Greek side. There is also no doubt that this time the exploratory talks between Greece
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Athens assessing lay of land as Cyprus talks approach and UK seeks new role
PoliticsForeign Policy” for the EU-Turkish relations. The Greek premier is due to visit Nicosia this Monday to meet with Cypriot..., on the Greek Cypriot Side President Anastasiades’s image has been marred by continuous revelations about... the negotiations led to failure due to the attitude of the Greek Cypriots, as was done in the Annan plan
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Athens sees multiple defence, geopolitical benefits in pact with France
PoliticsForeign PolicyFrench President Emmanuel Macron and Greek Prime Minister Kyriakos Mitsotakis signed in Paris... not provide the requisite deterrent. For the Greek side, this aspect of the deal is expected...” European defence, “equal to its economic power,” Mitsotakis said. “It cements Greek-French friendship
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