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Greece's imminent funding problems: All the numbers you need
EconomyProgrammeobligations in the last month of each quarter. Greece has also to pay in March more than 1 billion euros.... On the budget execution front, January posted a revenue shortfall of almost 1 billion. The revenue
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Greek banks' Eurosystem funding jumps to 87.4 bln in Jan, ELA at 5.2 bln
EconomyMacroeconomygovernment-guaranteed bank bonds would not qualify for ECB funding eligibility as of March 1, 2015... bonds (that would previously be non ECB eligible as of March 1) as well as pillar III bonds, Greek
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Here's why Greece's fiscal difficulties will dominate the agenda
EconomyProgrammeThe budget execution for January revealed a revenue shortfall of almost 1 billion euros, mainly reflecting... amount close to 1 billion euros, creating a similar revenue gap in case this levy is abolished
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Newsletter 19 - 13/03/2015
. On the current level of ELA funding of 65.6 billion, this translates to almost 1 billion higher interest... not qualify for ECB eligibility as of 1 March 2015. Thus, if the ECB eases its stance, then Greek banks could
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Greece sees lower primary surplus at 0.3 pct for 2014, fiscal challenges remain
EconomyProgrammerules: 1) SMP and ANFA income are included in budget but excluded from EAP. This means that 2.42..., there is a number of issues that need to be clarified regarding the MoF announcement: 1) Whether the three
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Growing uncertainty weighs on Greek shares and bonds
EconomyThe bond market showed an up to 1 percentage point (pp) upward movement in Greek government bond (GGB) yields, which stand close or above their post-PSI highs. The 3-year GGB yield rose by almost 1 pp
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Newsletter 20 - 20/03/2015
, this translates into an incremental cost of close to 1 billion on an annual basis, or 80 million per month... Common Equity Tier 1 (CET1) ratio ranging from 12.1 (Piraeus) to 15.2 percent (Eurobank). The fully
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National Bank posts net loss of 1.1 bln in Q4
EconomyBankingratio at 45 percent. Gross loans rose by almost 1 percent QoQ and 2.7 percent YoY to 72.1 billion... eligible collaterals in the form of pillar II bonds. The bank’s Basel III Common Equity Tier 1 (CET1
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Greek deposits fell by 7.7 bln in Feb and total of 24.6 bln since Dec
EconomyMacroeconomytime outflows of 4.68 billion, while sight and savings also recorded outflows of 1.9 and 1 billion... reached 1 billion last week, according to local media. Banking sources had indicated that outflows had
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Newsletter 21 - 27/03/2015
that Greece may achieve a primary surplus of 1 percent of GDP this year if the government does... tobacco advertising in sport and journalists discovered that Formula 1 boss Bernie Ecclestone
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