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Rare moment of unity as MPs agree to stop Golden Dawn’s state funding
PoliticsGreek Politicsvoted 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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Greek banks' capital backstop and the funding gap: An uneasy relationship
Economybuffer 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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Greece's fiscal, debt and funding goals as set out at Eurogroup
EconomyProgrammeof 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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Gov't sees reform multi-bill as path to funding but resistance abounds
PoliticsGreek Politicsbailout 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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A breakdown of the funding needs involved in Greece's third bailout
EconomyProgrammethe 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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Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
EconomyBankingnet 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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Parties gear up for battle over pandemic media funding amid more warnings about press freedom
PoliticsGreek PoliticsPublic 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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Greece and troika: Bailout tranche, funding gap and debt relief still pending
PoliticsGreek Politics, it will also clear the way for a discussion on the funding gap that lies ahead this year and in 2015... completed. With the funding gap debate settled, discussions will move to the much trickier matter
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Structural problems and dramatic drop in funding harm mental health care in Greece
SocietyGreece’s mental health and integration systems have been ranked among the worst in 30 European countries due to structural problems before the crisis and a drop in direct funding of 64 percent under... expenditure has been one of the many areas that have seen significant cuts. Dedicated funding
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After paying IMF, Greece looks to cover remaining funding needs for March and April
EconomyProgrammeΤhe government has covered a large part of its funding needs for March, which mainly comprised of 1.5 billion euros in payments to the International Monetary Fund and the rollover of 4.6 billion... relate to the payment of 1.55 billion euros in wages and pensions each month, while external funding
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