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Newsletter 153 -2/03/2018
The first round of negotiations between the Greek government and the institutions regarding the fourth... “objective” property values and the scrapping of the VAT discount on the remaining Greek islands... Group (EWG), where the third review was brought to an official conclusion. According to Greek Finance
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Eurosystem funding drops by 4.58 bln in January, banknotes in circulation fall
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by around 4.58 billion euros in January, Bank of Greece's (BoG... that the ELA ceiling for Greek banks would be reduced further by 3.2 billion euros to 16.6 billion... are largely the result of Greek banks replacing this type of liquidity with interbank repos using the same
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Eurosystem funding drops by 2.80 bln in February, led by ELA reduction
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by around 2.80 billion euros in February, Bank of Greece's... with the latest reduction coming on March 8, when the ECB announced that the ELA ceiling for Greek... of Greek banks replacing this type of liquidity with interbank repos using the same collateral, along
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Despite stumbling blocks, Athens more upbeat after latest talks on name issue
PoliticsForeign Policyto Skopje.” This explains to some extent why the Greek foreign minister is to brief the opposition leaders... in more pressing matters, such as Greek-Turkish relations. Kotzias is due to meet after Greek Orthodox... to secure the use of the new name. The Greek side is negotiating an “erga omnes” use, which means
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Are hirings in the public sector out of control?
EconomyFeaturesIn recent weeks the Greek government has come under sustained criticism from the main opposition... regime. In the first of a two-part feature we look at recent developments in the Greek public sector... start by making two broad observations. Firstly, the size of the Greek public sector has been slashed
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Eurosystem funding drops by 1.45 bln in March as ELA reduction offsets ECB rise
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by around 1.45 billion euros in March, the Bank of Greece's... reduction coming on April 12, when the ECB announced that the ELA ceiling for Greek banks would be reduced... funding falling by 6.02 billion. The declines are largely the result of Greek banks replacing
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Newsletter 158 -20/04/2018
carried out by Greece, will decide whether the IMF will commit new funds to the Greek programme. One... completed. Although the Greek government insists that all but four or five key deliverables... a Greek flag that had been raised on an uninhabited islet in the southeast Aegean by three young
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Newsletter 161 -11/05/2018
talks in Athens The institutions are due back in Athens next week to resume talks with the Greek... sub-tranche from the ESM exclusively for this purpose. Greek banks clear stress tests ECB exercise... between 2018 and 2020, under the adverse the Greek economy would shrink by -1.3 percent his year
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Eurosystem funding decline picks up pace to 3.26 bln in April
EconomyMacroeconomyGreek banks’ Eurosystem funding fell notably by 3.26 billion euros in April, Bank of Greece's (BoG... coming on April 12, when the ECB announced that the ELA ceiling for Greek banks would be reduced... funding falling by 5.68 billion. The declines are largely the result of Greek banks replacing this type
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Technical talks progress but debt relief, credit line continue to grate
EconomyProgrammeTechnical discussions between the creditors and the Greek government began in Athens on Monday... and Greek officials are expected to be centred on changes to the out-of-court workout and the so... on May 24. Even though the Greek government is thought to be behind schedule in implementing the 88
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