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How SYRIZA says it will fund its economic policies
Economyof the outcome of upcoming negotiations with Greece’s eurozone partners. The total cost of the Thessaloniki... of this backstop facility would be used for the cost of capital for a new intermediary body to manage
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SYRIZA hits back in funding row, says it could issue T-bills and use repos
EconomyLiquidity Assistance (ELA) mechanism. The cost of the latter currently stands at 1.55 percent, 150 bps above the respective ECB funding cost. “ECB President Mario Draghi is responsible for Greek systemic
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The state of play with Greek banks' liquidity
Economydecision on the extension relates to the same (10 billion) or a higher amount. The cost of ELA currently stands at 1.55 percent, 150 basis points above the respective ECB funding cost of 0.05 percent
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ECB refuses Greek government bonds as collateral: What does it mean?
Economypreviously non-ECB eligible. However, their funding cost through the ELA will be higher at 1.55 percent, 150 basis points above the ECB funding cost of 0.05 percent. Although Greek banks may cover
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What are the implications of the ECB's decision for Greek banks?
Economyfor funding. Bear in mind that the funding cost through the ELA is higher (1.55 percent), 150 basis points above the ECB funding cost of 0.05 percent. However, it is still lower than the average time
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The alternative of (tax-based) capital controls for Greece
Agoraisolate the Greek system and impose a minimal cost to the creditors as compared to the potential negative... greater cost for Greece than capital controls, it would be unlikely for Greece to go through
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Greece prepares set of proposals for bridging deal with eurozone
PoliticsGreek Politicsby Tsipras during his speech in the parliament on Sunday. The cost of those interventions... (estimated cost at 756 million). 2) Restoration of the 13th pension (Christmas bonus) - equal to one
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Greece's extension proposals to the Eurogroup and what they mean
PoliticsGreek Politicsimpact of the crisis at a cost of 1.86 billion euros. But this is not explicitly stated 2... billion would be used to fund its 3-pillar programme with a total estimated cost of 11.36 billion
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Finance Ministry outlines plans for making savings, increasing revenues
EconomyProgrammeto around 1 billion euros a year and he anticipates this cost could be imminently trimmed by 20 percent... will result in cost savings of up to 25 percent. The second area of intervention involves fuel
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Greece sets out broad reform plan for lenders' approval
EconomyProgrammeand reallocation of poorly deployed resources. In addition, Greece committed to identify cost saving measures... not have any negative fiscal effect. Bear in mind that the estimated cost of the SYRIZA’s first
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