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  1. Newsletter 411 - 09/02/2024

    Newsletters

    as an anti-populist social progressive. Although the vote is non-binding, and has no immediate... that HFSF was holding in the bank in the end of October. Another state holding that was made

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  2. Rare moment of unity as MPs agree to stop Golden Dawn’s state funding
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    voted in favour of an amendment submitted to Parliament. The legislation will see state funding... vote they received at the general elections. The amendment foresees public funding and lawmakers... a public relations gift by giving voters the impression it did not want to cut Golden Dawn’s funding

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  3. Greek banks' capital backstop and the funding gap: An uneasy relationship
    Photo by Harry van Versendaal

    Economy

    buffer was recently fuelled by rumours that it could be used for covering Greece’s funding gap... used to cover the funding gap. The HFSF’s capital buffer has also come under the spotlight because... to count on the banks’ backstop facility to cover the anticipated funding gap and avoid another troika

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  4. Greece's fiscal, debt and funding goals as set out at Eurogroup

    EconomyProgramme

    of additional T-Bills to cover funding needs, which he argues would not raise the debt amount... percent, the debt ratio in NPV terms would reach 120 percent in 2020. 2015 funding needs The budget.... To cover the short term funding needs, the Greek government proposed the combined involvement

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  5. Gov't sees reform multi-bill as path to funding but resistance abounds

    PoliticsGreek Politics

    bailout funding. The multi-bill is expected to be largely based on proposals sent to creditors... genuinely believes that it can secure some funding based on the multi-bill and the recent changes... of funding very soon and is likely to have to make uncomfortable compromises to secure it. These compromises

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  6. A breakdown of the funding needs involved in Greece's third bailout

    EconomyProgramme

    the country’s funding needs over the course of the three-year programme are also likely to come... funding needs figure of 81.7 billion could be lowered by SMP and ANFA income of 7.7 billion to 74 billion, which is its official estimate for the net financing gap. Other funding sources could involve

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  7. Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
    Photo by MacroPolis

    EconomyBanking

    net loans from 161 bps in Q1. Balance Sheet Eurosystem funding fell by around 4.3 billion QoQ and came to 1.8 billion at the end of Q2. Emergency Liquidity Assistance (ELA) funding dropped to around 300... quarterly for almost two years now. ELA funding was eliminated despite the ECB waiver for Greek bonds

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  8. Parties gear up for battle over pandemic media funding amid more warnings about press freedom
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Public funding directed at the media during the pandemic will be at the centre of a parliamentary... outlets under the pretext of public health campaigns on Covid, and of funding pollsters in exchange... half of Greeks disapprove of the government funding commercial news organisations unable to support

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  9. Tsipras upbeat about funding deal but also mulls referendum in case of impasse
    Photo via Flickr

    PoliticsGreek Politics

    In his first TV interview since becoming prime minister, Alexis Tsipras expressed his optimism regarding an agreement with lenders in the next couple of weeks but said that he would consider holding a referendum if the institutions force the government to cross some of its “red lines.” Tsipras

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  10. Newsletter 215 -19/07/2019

    Newsletters

    switching to digital services and holding back the reduction in VAT rates to 2023. “Any rebalancing... balance beat its target by 2.13 billion euros. Eurosystem funding rises by 539 mln in June Banknotes in circulation rise for fifth month As with May, ECB funding made up 100 percent of all Eurosystem

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