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  1. Eurosystem funding falls by 4.46 bln in November, banknotes in circulation decline
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by an additional 4.46 billion euros in November, Bank..., as the ECB has been lowering the funding ceiling for Greek banks for several months now. The most recent reduction came on November 23 when it was announced that the ELA ceiling for Greek banks would

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  2. Despite speculation, post-MoU credit line seems unlikely
    Photo by ECB via Flickr https://flic.kr/p/qqjzQG

    EconomyProgramme

    and executives representing Greek lenders in Frankfurt on Monday has sparked speculation that Athens may opt... to Germany to discuss issues relating to the Greek economy. According to some reports, it was suggested... as this would ensure that the Greek banks could continue to access cheap funding from the ECB

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  3. Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
    Image via www.eurobank.gr

    EconomyBanking

    . In the Greek market in particular, negative NPE formation was noted in all four of the main sectors... down to 64.3 percent. In the Greek market, the NPL ratio fell to 36.3 percent in Q4 from 38 percent... the second major Greek bank to return to the international markets with the issuance of a covered bond

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  4. IFRS 9 provisions required by banks in line with expectations

    EconomyBanking

    Authority officially launched the stress tests for Greek banks, which are due to be completed in May... for any, if at all, capital injections. The process for Greek banks had to be accelerated to ensure... that there be a clear picture of the Greek banking system while programme financing is still available

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  5. Kotzias takes next step in effort to reach name deal, settle Balkan issues
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    Greek Foreign Minister Nikos Kotzias is due to visit Ohrid in the Former Yugoslav Republic... rebels and the country’s security forces. Kotzias has publicly stated that the Greek side... that if there is progress, this could pave the way for a new meeting with his Greek counterpart, Alexis Tsipras

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  6. Skopje's surprise proposal creates doubts about successful conclusion to name talks
    Photo by Hectorlo via Flickr https://flic.kr/p/rvq8v7

    PoliticsForeign Policy

    of meetings with his Greek counterpart. It is possible that in New York both sides will prepare... parties in Greece as well as FYROM, the Greek government welcomed on Saturday night the fact... on a “geographical distinction.” (The formal position of Greece as written at the website of the Greek

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  7. Athens and Washington agree plan for closer ties as Skopje paves way for name deal
    Photo by MacroPolis

    PoliticsForeign Policy

    representation from both countries, were launched by US Secretary of State Mike Pompeo and Greek Alternate... that "2018 was the best year in the modern history of US-Greek relations." The US side reiterated... in the Balkans, the Mediterranean and the Middle East. The Greek minister said the two sides discussed Greece’s

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  8. Macedonia name deal enters crucial and contentious phase
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    be ratified by the Greek Parliament in a reasonable period of time. Some diplomatic sources have... leaks in the Greek press. Her main aim is to send a message of support for the Greek economy... analysts, as well as New Democracy, but Greek diplomatic sources claim this is unrealistic. Alternate

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  9. Ball in Greece's court after Skopje completes approval of name deal
    Photo by Panayotis Tzamaros/Fosphotos

    Foreign PolicyGreek Politics

    to Athens. Only when the Greek Parliament has ratified the agreement can NATO's Secretary General Jens... of North Macedonia. This document is expected to be tabled in the Greek Parliament in February. Article 2... by the Greek side. In any other case, there is no Agreement. If the Greek Parliament is not able to ratify

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  10. Athens eyes implementation of name deal as Skopje homes in on NATO membership
    Photo via NATO: https://flic.kr/p/23BLDJT

    PoliticsForeign Policy

    of the Prespes Agreement by the Greek Parliament on Friday. During a long and often fierce debate in Athens... Politico on Monday. The Greek government was expected to notify Stoltenberg on Monday that the Greek... of the Accession Protocol by February 5. Following this, the Greek Parliament needs to ratify it in a process

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