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Greek Eurosystem funding up by 2.9 bln in March, reaches total of 107.1 bln
EconomyMacroeconomythe 68-billion-euro mark from zero until December 2014 reflects: a) Replacement of ECB with ELA funding...After a sharp rise by 16.77 billion euros in February, Greek banks’ Eurosystem funding increased... Assistance (ELA) funding by 2.87 billion to 68.51 billion. This was the highest reading since
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Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
EconomyMacroeconomyan agreement with lenders by the end of this week. The sharp increase in the ELA funding, from zero until...Greek banks’ Eurosystem funding increased for the eighth straight month in May but at a slower pace... euros and indicates the highest reading since December 2012. In addition, the Central Bank funding
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Funding needs take centre stage in row between New Democracy and SYRIZA
Economyuncertainty. Until now, Greek banks are primarily using cheap ECB funding to participate in the T-Bill... elections is the issue of Greece’s funding needs by the end of March and the way they would be covered by the new government. According to Kathimerini daily, the breakdown of funding needs of 4.6
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You've heard the Greek crisis myths, now here are some truths
Agoraloan tranches until late last year). However, it is a mystery why anyone would consider that Greece... that the new government needs to stick to the commitments made by the previous coalition. Until now, Greece... but the troika ultimately approved the disbursement of each loan tranche until last September, when
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ELA funding down by 1.48 bln in July for first monthly drop since May 2014
EconomyMacroeconomyzero at the end of December. The ECB had kept the ELA limit for Greek banks stable until mid-July...Greek banks’ Eurosystem funding fell by 1.29 billion euros in July after rising by 10.17 billion.... This was the first drop in central bank funding since September 2014. The absolute figures showed
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ELA funding down by 1.23 bln in August for second successive fall
EconomyMacroeconomybillion in August. The evolution in the 8-month period from last December until July showed...Greek banks’ Eurosystem funding eased for the second successive month in August, when it fell... statement showed on Monday. In absolute terms, Eurosystem funding stood at 124.06 billion euros
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The lenders proposals on debt and funding needs that Greeks will vote on in referendum
EconomyProgrammethat a 5-month extension of the current bailout programme (until November 2015) is feasible... sustainability, the preliminary DSA concludes Funding needs and timetable of disbursements The lenders’ document shows that the available funding source include 1.8 billion from the EFSF, 3.6 billion from
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Greek banks' capital backstop and the funding gap: An uneasy relationship
Economyin their business plans until 2017, with PwC estimating that NPLs could peak to 40 percent from 29.3 percent... buffer was recently fuelled by rumours that it could be used for covering Greece’s funding gap... used to cover the funding gap. The HFSF’s capital buffer has also come under the spotlight because
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A breakdown of the funding needs involved in Greece's third bailout
EconomyProgrammeare calculated at 81.7 billion for the three-year period until July 2018. In its update debt sustainability... the country’s funding needs over the course of the three-year programme are also likely to come... funding needs figure of 81.7 billion could be lowered by SMP and ANFA income of 7.7 billion to 74
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After paying IMF, Greece looks to cover remaining funding needs for March and April
EconomyProgrammeuntil mid-April. One of the options for covering the internal obligations such as the payment...Τhe government has covered a large part of its funding needs for March, which mainly comprised... relate to the payment of 1.55 billion euros in wages and pensions each month, while external funding
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