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Deposit outflows eased to 3.86 bln in May, balance below 130 bln
EconomyMacroeconomyfrom general government (gg) outflows, mostly related to the central government. We understand.... Following those withdrawals, gg deposits amounted to 8.68 billion at the end of May with central
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Tsipras forges ahead with referendum as lenders hold back, wait for result
PoliticsGreek Politicswould default on the European Central bank as it would be unable to pay the Greek bond that matures... for “No.” This suggests 65 percent for “Yes” and 35 percent for “No.” The European Central Bank
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Between Scylla and Charybdis
Agoraof the eurozone. Not having access to central bank money creation and with existing deposits corralled... institution in the eurozone - the European Central Bank; orchestrate the change of democratically
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Newsletter 33 - 03/07/2015
, outflows of 12.8 billion were recorded. Data from the central Bank of Greece showed that the value... held by the European Central Bank matures. Also, without any agreement with the lenders... is unlikely to en masse favour being part of a national emergency government. The other possibility
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Yes or no, complex political developments lie ahead for Greece
PoliticsGreek Politicseconomy, and July 20 (when Greece has to redeem a 3.5-billion-euro bond held by the European Central... it if that person is a non-elected figure, as was the case with ex-central banker Lucas Papademos in 2011
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What the ECB's latest decision on ELA and collateral haircuts means for Greek banks
EconomyThe European Central Bank decided on Monday to maintain the Emergency Liquidity Assistance (ELA) limit for Greek banks at June 26 levels, when it was raised for the last time. This means that the ELA... and loans. The haircut applied on these collaterals is not officially disclosed by the Central Bank
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Agreement creates array of political challenges for Tsipras, who must move fast
PoliticsGreek Politicsthen so it is unclear how Tsipras will be able to pay the European Central Bank-held bond maturing...-central bank headed an interim government. However, 17 SYRIZA MPs failed to vote in favour
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New prior actions may prove obstacle as Athens talks intensify
PoliticsGreek Politicsthe European Central Bank, Nicola Giammarioli of the European Stability Mechanism and Delia... the funding Athens needs to cover the 3.5-billion-euro bond held by the European Central Bank, which
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Bailout talks, SYRIZA bickering continue - no definite end date for either
PoliticsGreek PoliticsAthens to receive the funding it needs to cover the 3.2-billion-euro bond held by the European Central... the central committee's decision last week to back Prime Minister Alexis Tsipras in his call for the internal
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Greek QE eligibility? We're not there yet
AgoraFollowing the European Central Bank’s governing council meeting on Thursday, Mario Draghi provided more detail about issues relating to the eligibility of Greek government bonds (GGBs.... On that date, the ECB and the National Central Banks (NCBs), via the Securities Markets Programme (SMP
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