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Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
EconomyMacroeconomyby the ECB's Governing Council for that month. In particular, the ELA cap was set at 80.2 billion on May 27...), pillar III bonds, T-Bills and Greek government bonds, are now used as collaterals only for ELA
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Newsletter 32 - 26/06/2015
A substantial gap to bridge Key differences remain between Greece and its lenders Greece and its lenders go into Saturday’s crucial Eurogroup with a substantial gap to bridge. Below we set out... be on the other side. Right now, though, it doesn’t seem such a good position to be in. The theory
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The lenders proposals on debt and funding needs that Greeks will vote on in referendum
EconomyProgramme, with gross financing needs remaining well below the 15 percent limit set by the IMF. Under the third... actions. The document also notes that Greece could increase funding via T-Bill issues by 2 billion
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgramme), that will require to set aside the bank recapitalization buffer as a backstop facility, the IMF concludes... of T-Bills (2.3 billion). Since Greece cannot tap markets at favorable rates, the IMF highlights
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Tsipras tries to switch focus from measures to need for survival in euro
PoliticsGreek Politicsof expelling any SYRIZA MPs that do not vote for the first set of prior actions in Wednesday night... momentum” at the beginning but that “mistakes were made later.” “Being an excellent economist doesn’t
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Greek QE eligibility? We're not there yet
Agorabillion and T-Bills of 3.5 billion. The total amount stands at 16.5 billion euros (face value), while... of June, which make up the biggest portion of ELA funding, would be unaffected as set out in a relevant
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First visit by quadriga to Athens leaves series of issues unresolved
EconomyProgrammecould be made possible next week he simply replied: “I don’t know”. Housing NPLS One of the key.... The government’s counter proposal suggests more relaxed criteria, with the value of the property being set
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Tsipras plays to domestic gallery over IMF dispute
PoliticsGreek Politicsif the coalition agrees to a new set of unpopular measures to conclude the current review, they will be less... Mouse” measures from the Greek side. “Some people ask us why we don’t accept a reduction
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Newsletter 79 - 24/06/2016
to swap Greek government bonds (GGBs) and T-Bills currently used as collateral for Emergency Liquidity... in Madrid, a Spaniard in Frankfurt and a German in Athens under the same set of rules but also
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General government primary cash surplus widens to 2.5 bln by May, arrears resume upward trend
EconomyMacroeconomysub-tranche of 2.8 billion due in September subject to Greece implementing a set of prior actions... (18.6 percent of total), T-Bills at 14.87 billion (4.6 percent) and repos at 11.9 billion (3.7
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