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This is the deal Greece will go in search of at Wednesday's sceptical Eurogroup
PoliticsGreek Politicspresident Jeroen Dijsselbloem being questioned about a “bridging loan” for Greece. “We don’t do those.... This would allow the government to cover its short-term needs via T-Bills, giving it time to reach... adopted in the last years). - An agreement to raise the T-Bill limit from the current ceiling of 15
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Greece prepares set of proposals for bridging deal with eurozone
PoliticsGreek Politicswould request the extension of the current limit of T-Bill issues of 15 billion by an additional 8 billion to 23 billion. The T-Bills on their own would not be enough to cover Greece’s funding needs beyond June If Greece is able to raise an extra 8 billion euros from T-Bills and receives the 7.2
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Greek central gov't debt rises to recent high of 181.1 pct at end of Q4 2014
EconomyMacroeconomya net increase in repos (by 3.09 billion) and T-Bills (1.21 billion) partly partially offset by a net decrease in Financial Support Mechanism (FSM) loans (by 2.2 million). The rise in T-Bills stems... by the ECB according to its 2014 financial statement. Furthermore, T-Bills stand at 14.53 billion (4.5
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The ECB's strict rules apply if you dare not comply
Agorato questions about Greece. Two times when he was asked about the ceiling on the amount for T-Bills... of Greece, and with the cap on T-bills issuance as well as the threshold of those that it accepts as ELA... defaulting on the ECB was not an option the maturing debt was covered via the issuance of T-Bills
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Coalition ready to pass first legislation as agenda for lenders' talks grows
PoliticsGreek Politics1.6 billion euros in T-Bills. The latter should not prove a problem as the T-Bills are held by Greek... over the next few days allow an increase in the 15-billion-euro limit on T-Bills that the Greek
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Newsletter 23 - 17/04/2015
over T-Bills that were held by foreign investors who are no longer renewing their investment. These T... passes when ministers don’t issue contradicting comments, and the coalition’s strategy and goals
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Greek current account deficit widens by 27.4 pct in Feb
EconomyMacroeconomyin residents’ holdings of foreign bonds and T-Bills (primarily reflecting the return of 10.9 billion... of foreign bonds and T-Bills. Furthermore, resident’s net external liabilities dropped by 2.2 billion primarily due to a decrease in non-residents’ investment in Greek government bonds and T-Bills as well
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Greece is gasping for a deal
Agorathe rolling over T-Bills that were held by foreign investors who are no longer renewing their investment. These T-Bill issues are likely being covered by Greek lenders and the central Bank of Greece.... Hardly a day passes when ministers don’t issue contradicting comments, and the coalition’s strategy
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Newsletter 24 - 24/04/2015
payments of 400 million during May. In addition, the state has to roll over 1.4 billion of 6-month T-Bills... and their subsidiaries are bound by the ECB to increase their T-Bill holdings. Expressing its deep opposition... underlined its investment commitment towards Greece by taking the rather unusual step of buying T-Bills
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Greece hopes to catch break from ECB as IMF puts its foot down
PoliticsGreek Politicsbetween Greece and creditors before the ECB will consider lifting the restrictions on the amount of T-Bills Athens can issue and the exposure Greek banks can have to them. The issuing of T-Bills is seen... to pay to the IMF in June, which it could do either by issuing new T-Bills or if the ECB releases
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