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  1. As Bank of Greece lines up Stournaras to take over, it reveals how risky things got during crisis

    EconomyMacroeconomy

    as the central bank's new governor. Provopoulos's tenure expires on June 19. Stournaras's... of Greece's central bank. The leftists have threatened to remove Stournaras from the position if they come... banknote shipments from other eurozone central banks totaling 5.26 billion took place in three

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  2. Don't let the facts get in the way of "Argentinology"
    Photo by Quim Pagans via Flickr

    Agora

    in circulation than the central bank has reserves (dollars in this case) so it can convert them one... billion to replenish the central bank’s foreign exchange reserves. There was a hint that 3 billion would.... By mid-November the amount of reserves the IMF had provided the central bank with just a couple

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  3. What would a clean bailout exit for Greece mean in numbers?

    Agora

    and other eurozone national central banks (NCB) have a significant impact on Greece’s debt maturity... for the purpose of paying back debt. The decision is not endorsed by all central banks and does not change... and other central banks over the next 5 years is just short of 23 billion euros. No other creditor

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  4. Mixed messages continue to dog SYRIZA
    Photo by MacroPolis

    PoliticsGreek Politics

    central message, which has become slowly but steadily more moderate. Led by the abrasive MP Panayiotis Lafazanis, the group accounts for about a third of members on SYRIZA’s central committee and cannot.... In this case too Lafazanis and the Left Platform have some strong views. At a meeting of SYRIZA’s central

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  5. SYRIZA's date with history
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    behind its central position is clear: Greece’s bailout programme has largely failed to address..., quantative easing by the European Central Bank, a rollover of Greek debt by the ECB and a revision... central banks on July 20 and another 3.2 billion to the same holders on August 20. In the almost

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  6. Greek primary cash surplus up to 2.61 bln at end of November

    EconomyMacroeconomy

    Greece’s central government primary cash balance showed a surplus of 2.61 billion euros...’s figure of 756 million. The 11-month central government net balance recoded a higher fiscal.... Note that the central government figures reported by BoG are solely on a cash basis, while

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  7. Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    be stronger if the recent decline in oil prices is taken into account, the central bank says. The BoG also... economic activity in a fiscally neutral manner The central bank points has added its voice to the calls... that are currently tied up to those troubled loans, according to the central bank.

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  8. Snap elections in Greece bring state's liquidity constraints into focus

    Economy

    by Greek banks and usage of those additional T-Bills for ECB funding a decision by the central bank’s... billion has already been used. b) Cash reserves of the central government, which are estimated at 1... by the ECB and national central banks mature in July and August.

    3%

  9. Greek banks set for early ELA return in apparent precautionary move
    Bank of Greece

    Economy

    national central bank (NCB) of central bank money or any other assistance that may lead to an increase in central bank money to a solvent bank that is facing temporary liquidity problems

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  10. Newsletter 15 - 13/02/2015

    Newsletters

    to be seeking 1.9 billion euros from the profits the European Central Bank made buying Greek bonds... into a single party, under his central command. This culminated in a party congress in the summer..., European Central Bank president Mario Draghi, US officials and German Finance Minister Wolfgang Schaeuble

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