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Newsletter 279 -13/11/2020
to strike early in order to overcome the challenge of proportional representation. The next elections... continued to decline due to the lockdown, which impacted new order flows. The pace of decline... to lower production requirements and redundancies. Backlogs of work fell at a marked pace as new order
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ND wrong-foots SYRIZA with call to lift expat vote restrictions
PoliticsGreek Politicsto be able to demonstrate recent tax and residence ties with Greece in order to be eligible to vote... ND and SYRIZA of stoking the controversy in order to revise a law which passed only recently... a banner of law and order while allowing the country to become a colony of organised crime and letting
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New Year reshuffle brings more MPs into cabinet, keeps key ministers in post
PoliticsGreek Politicsin order to overcome the challenge of proportional representation. The next elections will be held under... the deputy agriculture minister. Interior Minister Takis Thedorikakos has also been left out of the new... Petsas has been appointed Alternate Interior Minister, to be replaced by Christos Tarantilis
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How does ECB's decision on Greek banks' T-Bill exposure affect state liquidity?
Economyutilise 310 million euros (90 percent of HFSF cash reserves of 345 million) through an amendment... legally binding, according to reports. The initial decision was already in effect for the three T...) funding. It is clear that this figure is irrelevant to the limit applied by the ECB on February 18
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New Democracy faces claims of dark funding after revelation of links to internet campaign group
PoliticsGreek Politicsincurred by the Ministry of Interior over the same incident has not been challenged.... the governing party and the group, which it accused of using public funding to bankroll character assassination
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Newsletter 104 - 27/01/2017
) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter... and matched funding. The ESM reiterated that the implementation of these short-term debt relief measures... pensioners. 2 Eurosystem funding falls for 18th successive month Greek banks have cut
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Higher revenues set to ease coalition's liquidity concerns
EconomyProgrammebanks to the Hellenic Financial Stability Facility (HFSF) in 2012 and 310 million from its cash reserves...The Greek state has to imminently cover funding needs of around 1.2 billion euros this week in two... million from the Manpower Employment Organisation (OAED). The second important funding obligation
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Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBankingbps to more than 310 bps in 2020. It also sees the cost to income ratio falling below 45 percent...) contracted by 3 percent QoQ to 440 million, as the positive impact from lower funding cost... for the whole year. Balance Sheet Eurosystem funding fell by 5.4 billion QoQ to 15.5 billion in Q1
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Deposit inflows of 1.07 bln in June, highest in first half of 2016
EconomyMacroeconomydeposits includes gg and other euro area residents’ inflows of 428 and 310 million respectively.... Meanwhile, the reliance of Greek banks on Eurosystem funding notably dropped by 8.57 billion euros to 87.14 billion in June, reflecting of a sharp fall in ELA funding by 10.44 billion, while ECB
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Greeks tending to shop less often and opt for local products
Society, down from almost 310 euros per month in the previous survey conducted based on 2015 data. Around 60... consumers are making their shopping choices. According to the findings based on data from surveys
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