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Tsipras in tight spot over debt deal but QE access may hold key to compromise
PoliticsGreek Politicsproposed at the May 22 Eurogroup, with access to the European Central Bank’s QE scheme perhaps holding... but with the IMF not returning to the programme with funding until the debt relief issue has been settled... in QE. However, Bank of Greece governor Yannis Stournaras has also said that a legally-binding
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Greek funding needs add to pressure in talks between Athens and lenders
EconomyProgrammeGreece and its lenders but these talks continue against a backdrop of pressing funding needs... government bonds (GGBs) held by the Eurosystem of 3.5 and 3.2 billion respectively. Thus, funding... of that, funding needs for the last four months of the year total 4.8 billion euros. The cumulative
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Eurobank posts loss of 94.4 mln in Q1 as NPLs, Eurosystem funding rise
EconomyMacroeconomyfunding and government guarantees’ (pillar II) cost. The bank said the bulk of the NII... to March with May flow so far reaming calm, according to the banks’ management. Eurosystem funding.... As expected the bulk (20.8 billion) relates to Emergency Liquidity Assistance (ELA) funding
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The lenders proposals on debt and funding needs that Greeks will vote on in referendum
EconomyProgrammesustainability, the preliminary DSA concludes Funding needs and timetable of disbursements The lenders’ document shows that the available funding source include 1.8 billion from the EFSF, 3.6 billion from... be accompanied by an IMF tranche disbursement, yet this is subject to certain funding assurances over
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Newsletter 109 - 03/03/2017
is still holding out hope that the volume of measures it will have to legislate will be lower than 2... by a negative flow of 1.12 billion. Faster fall in Eurosystem funding in January At 63.01 bln, central bank funding hits lowest level since late 2014 Monthly drop largely reflects a marked decline
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Newsletter 411 - 09/02/2024
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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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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