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What the ECB's latest decision on ELA and collateral haircuts means for Greek banks
Economyto a figure above 25 billion. All these figures are based on the previous collateral valuation and haircut
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Who voted "No" in Sunday's referendum?
PoliticsGreek Politicsthat are “not at all proud to be Greek”. From a political point of view, the ‘No’ vote clearly prevailed
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Greece sends request for 3-year ESM programme, reform proposals to come
EconomyProgrammepledged to “honor its obligations to all of its creditors in a full and timely manner.” Apart from
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Tsipras tries to switch focus from measures to need for survival in euro
PoliticsGreek Politicsall it could to reach an agreement that would be acceptable to his party but argued that in times
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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
Economybackstop of 25 billion is required. Following all those downward revisions and negative developments
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ECB increases ELA limit for Greek banks in first positive signal since referendum
Economy(ESM) support to Greece, following the adoption by the Greek Parliament of all the required commitments
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Bank holiday to end but capital controls remain and some transactions forbidden
Economythe following measures from Monday: · All bank branches will open on Monday, July 20 after remaining
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Most Greek businesses feel capital controls impact, 69 pct see turnover drop
Economy, companies either made advance payment of salaries (46 percent) or settled all outstanding payments
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S&P raises Greece’s rating by two notches in first upgrade since Sept 2014
Economyand reopening of all branches as of July 29, the uncertain capitalization may hinder a return
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IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016
Economyor hypothetical improvement. Capital controls coupled with the lack of confidence would downward adjust all
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