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Eurosystem funding drops at sharper pace of 3.6 bln in Jan
EconomyMacroeconomyGreek banks’ Eurosystem funding fell at an accelerating pace of 3.61 billion euros in January after... was agreed, Greek banks’ Eurosystem funding has been steadily reduced by a cumulative amount of 63.57.... This is mainly attributed to the reinstatement of the waiver on Greek government securities and lower haircut
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Stable deposit rate in Jan, slight uptick in loan rate
EconomyMacroeconomyThe new time deposit rate for Greek households fell by 1 basis point (bp) for the second straight... since the imposition of capital controls at the end of June 2015. As a result, the Greek rate... in January, the corporate loan rates in the Greek market still stand more than 250 bps above
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Greeks full of contradictions on ideology and political beliefs, study suggests
Societythey produce and almost all (94 percent) blaming the “incompetence and corruption” of the Greek government..., the percentage of respondents who agree that the children of legal immigrants should receive Greek...) or with a disability (88 percent). While 47 percent of respondents believe that one must be born Greek, 48 percent
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Progress seen after Brussels talks but review conclusion still out of reach
PoliticsGreek PoliticsThere was no tangible outcome from the three days of talks between Greek ministers... parties from their headquarters with a view to conclude the second review." A Greek Finance Ministry... surrounding the current phase of the negotiations. The Greek government and its lenders have been
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Deposit outflows continue in Feb but slow to 750 mln
EconomyMacroeconomyThe Greek banking system recorded outflows for the second successive month, albeit reduced to 750... deposited with a Greek bank as of summer 2016. This means that banknotes that returned to the banking system... of 330 million euros in the ELA liquidity withdrawn by Greek banks in February. It stood at 43.15
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Foreign minister opens up about EU concerns
PoliticsForeign Policyin regard to EU foreign policy in many areas. The Greek foreign minister’s thinking about the EU... last Thursday with his British counterpart, Boris Johnson. The Greek minister struck a different... of these are negative.” The Greek foreign minister's statements apparently caught the UK delegation by surprise
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Newsletter 116 - 28/04/2017
Govt confident of imminent deal Next task will be to draft omnibus bill of measures The Greek... of Assets and Participations) and labour reforms (the Greek side wants a clear reference to the return... on the omnibus bill will also take place by then as the Greek government wants to give the creditors a few
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After agreeing measures, coalition sets sights on vote and debt relief deal
PoliticsGreek PoliticsThe package of measures the Greek government has agreed with the lenders will be submitted... come to Parliament in the form of a multi-bill, which has been favoured by Greek governments during... is for the government. Apart from providing a route to Greek bonds being included in the European Central Bank
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Debt relief, MTFS and return to bond markets on agenda after technical agreement
EconomyProgrammeFollowing the technical agreement between the Greek government and the institutions’ mission chiefs.... In the meantime, the issue of Greek debt will also be discussed on the sidelines of the G7 meetings in Bari... are approved by the Greek Parliament around mid-May, the Eurogroup on May 22 will officially discuss
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Greece tries to navigate through uncertainty in Western Balkans
PoliticsForeign Policy, triggering a political crisis in the country. The Greek government’s initial reaction has been... believe that this was the first move by the Greek foreign minister to get a hold of the new.... The Greek Foreign Minister also met with Kosovo's Foreign Minister Enver Hoxhaj, who Athens sees
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