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ECB set to provide extra liquidity to Greek banks but capital needs remain an issue
Economycovering the capital shortfall of 5.8 billion (under the binding baseline scenario) identified... that this will happen. Greek bank’s ECB funding collateral is made up of state-guaranteed bank bonds (up to 40..., is that according to a March 2013 ECB statement they would no longer be eligible for funding purposes
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How does ECB's decision on Greek banks' T-Bill exposure affect state liquidity?
Economylegally 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... that the week before the Orthodox Easter is the most crucial for Greece covering April funding needs.
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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeaturespot of funding over the current five-year period. A key goal of this framework is to promote... euros, and so far the project has received an EU funding package of 45 million euros through the EEEPR... through the introduction of binding targets. A first phase budgeted at 322.7 million euros is due
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Moments to remember from the euro crisis
Agorathe ECB might no longer be able to accept Greek bonds as collateral for funding to local banks. Trichet..., Trichet warned Dublin that the ECB would not be able to maintain funding (ELA) for Irish banks... intervention was a way of binding the Italian government to a certain policy path, assuaging concerns
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NBG reports net profits of 131 mln in Q1, accelerating profitability
EconomyBankingof this year. Non-binding offers have also been received for Project Mirror, an unsecured portfolio.... Eurosystem funding came to 2.3 billion in Q4 and was unchanged QoQ. As of the end of 2017, NBG had fully eliminated Emergency Liquidity Assistance. The total amount currently consists of TLTRO funding from
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From the National Energy and Climate Plan to COP26: What has Greek climate policy learned?
Societyon the energy and climate change front, making 6 billion euros of EU stimulus funding available over..., Greece is licensing new gas-fired power stations, as well as using previous rounds of EU funding... enough. The country’s first draft Climate Law will make policy targets binding under EU legislation
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Audit of Greek debt adds to pressure on Tsipras in creditor talks
PoliticsGreek Politicswith lenders more complicated by publishing the preliminary findings of a debt audit committee she..., but Konstantopoulou felt it had covered enough ground to issue its first findings on Wednesday, some two... preliminary findings certainly make it much more difficult for Tsipras to bring back an agreement
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SYRIZA and ND square up on cost-of-living crisis as government attempts to draw line under surveillance
PoliticsGreek Politics’ narratives is one which is expected to play out in the coming months. Surveillance findings.... At the insistence of New Democracy, which held the majority on the inquiry panel, the findings... represented New Democracy on the committee, expressed his satisfaction at findings, claiming they showed
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Opposition takes aim at justice minister over offshore holdings amendment
PoliticsGreek Politicsto the causes of a fire on the crash site. Government officials welcomed the findings, claiming they dealt.... Floridis called for the opposition to apologise in light of the new findings for taking advantage... the New Left party questioned why the government was celebrating the findings of the report since
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Deadly factory blast sparks debate on workplace safety
PoliticsGreek Politics. The findings of the investigation, which were reported two days after the blast, will increase pressure... related to equipment; however, the findings have not been published. Safety representatives from... seen no response from management. Political accountability The fire service’s findings have put
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