Search
-
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
2% -
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
2% -
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
2% -
Tsipras upbeat about funding deal but also mulls referendum in case of impasse
PoliticsGreek PoliticsIn 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
2% -
Newsletter 215 -19/07/2019
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
2% -
Newsletter 79 - 24/06/2016
Assistance (ELA) for ECB funding. Greek banks hold a total of 9.3 billion of ECB-eligible assets, which are currently paced with the BoG for ELA funding at a cost that is 150 basis points above that of ECB funding. The switch to ECB funding as of June 29 would entail cheaper liquidity of 5–6 billion
2% -
Sallas exit from Piraeus marks end of era in Greek banking sector
EconomyBankingof domestic loans and 27 percent of deposits (with NBG holding an equal share) with a branch network... and milestone according to the supplemental memorandum of understanding (MoU), and the findings... of July in line with the HFSF findings. In addition, the HFSF must ensure that the recruitment of the new
2% -
Opposition to vaccines hardens, revealing deep rift in public attitudes
PoliticsGreek Politicsphotograph showed a demonstrator holding aloft a book with the photograph of Greece’s late dictator... of their vaccinated peers. One of the more striking findings is the comparative lack of trust in a range.... The findings of the survey suggest that the contrasting attitudes towards vaccination extend well beyond
2% -
Opposition dismisses PM's economic pledges as electioneering, keeps focus on surveillance
PoliticsGreek Politicsto show ND holding a significant but insufficient lead to carry it to victory in the upcoming... goods. Findings indicating that the government’s support measures are running out of steam explain... ADAE to brief Parliament on its findings. It is believed that ADAE has uncovered evidence confirming
2% -
Huge protests over Tempe add to pressure on government
PoliticsGreek Politicsdeficiencies and operational failures before and after the crash. Its findings were fairly damaging.... However, it is unlikely that the Greek public will interpret the experts’ findings in this way given... moment of tension between the two opposition parties over the strategy for holding the government
2%