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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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Greek debt falls to 312.7 bln in Q1 after return of EFSF bonds
Economy) and the remaining 39.4 billion by private investors. T-Bills stood at 14.95 billion euros (4.8 percent... in Q1 and fully reflects the 3- and 6-month T-Bill issues rolling-over a total amount of 10 billion... and roll-over of foreign investors’ T-Bill holdings. The outstanding amount of state guarantees, excluding
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Current account deficit widens to 404 mln in March
EconomyMacroeconomyin residents’ holdings of foreign bonds and T-Bills by 789 million and a rise in residents’ investment... assets, largely due to a drop in residents’ holdings of foreign bonds and T-Bills by 11.4 billion... in non-residents’ investment in Greek government bonds and T-Bills as well as in Greek stocks. Reserve
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Newsletter 30 - 12/06/2015
participation in T-Bill rollovers. Since late April, the ECB has increased the ELA cap by 6.1... area. Nevertheless, if those involved don’t even manage that, they run the risk of going down as the men and women who couldn’t avert an unravelling due to differences of 0.25 percentage points over
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As Greek deadline looms, this is how the next days could play out
EconomyProgrammedisbursements, but paves the way for the ECB to allow an increase in the T-Bill ceiling above the current... pave the way for the ECB to allow Greek banks to cover the incremental amount of T-Bills, also subject to approval of the prior actions by the Greek parliament. In such a case, the T-Bill issue could
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