Search
-
Managing an orderly Greek exit from the memorandum
Agorafor the formulation of euro area support towards Athens. Here the case of Spain is instructive. Within... of financial health issues in a euro area bank of a former programme country, Greece had to scale-down its
3% -
Greek deposits increase for seventh straight month, reaching 164 bln
EconomyMacroeconomyinclude euro and non-euro area residents – fell by 404 million euros MoM for the second consecutive month to 192.47 billion in September. The negative flow reflects general government and non-euro area
3% -
Review completion and SMP redemptions will decide Greece's QE eligibility
EconomyProgrammethe Eurosystem purchasing euro-denominated investment grade securities issued by euro area governments... of financial assistance programmes for a euro area Member State, eligibility would be suspended
3% -
Greek deposits down 4.2 bln in Dec for highest outflows since June 2012
EconomyMacroeconomyfor the full year. Total deposits - which also include euro and non-euro area residents – fell by 5.1... also reflects general government and non-euro area residents’ outflows of 653 and 436 million
3% -
Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership
EconomyMacroeconomyrate remains around 80 bps above the euro area average and more than 60 bps higher than the respective... mid-2010. However, the current rate remains around 2 percentage points higher than the euro area average
3% -
Greece sets out broad reform plan for lenders' approval
EconomyProgrammeprogramme. Fiscal structural policies The first area involves commitments for tax policies including... spending in every area of government expenditure, drastically improve the efficiency of central and local
3% -
Minor changes in Greek time deposit rates, higher movements in corporate loans
EconomyMacroeconomytime deposit rate remains almost 80 bps above the euro area average of 1.04 percent and around 50-60... more than 3 percentage points above the respective euro area average rate. In contrast, the rate
3% -
Greek deposits fell by 7.7 bln in Feb and total of 24.6 bln since Dec
EconomyMacroeconomy. Total deposits - which also include general government as well as euro and non-euro area residents... billion in February reflect general government and non euro area residents’ outflows of 289 and 220
3% -
This is what the Eurogroup is proposing as a basis for a third Greek bailout
EconomyProgrammeFollowing the second part of the Eurogroup meeting on Sunday, a 4-page draft document was reportedly to presented the euro area leaders' summit that followed. It listed the commitments that Greece... be offered swift negotiations on a time-out from the euro-area with possible debt restructuring.
3% -
June deposit outflow rises to 7.58 bln as total balance drops to lowest in 12 years
EconomyMacroeconomyand non-euro area residents – fell by 10.67 billion month on month to 140.34 billion in June... withdrawals of 2.38 billion from non-euro area residents and 410 million from general government
3%