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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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The state of play with Greek banks' liquidity
Economyof Greek banks’ access to Emergency Liquidity Assistance (ELA) funding. The request submitted by the Bank... for the approval like other ECB funding operations such as TLTROs. However, ELA can be restricted if the ECB... stands at 1.55 percent, 150 basis points above the respective ECB funding cost of 0.05 percent
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Newsletter 88 - 16/09/2016
, by the end of the month, the 15 milestones that would unlock further funding. On top... cautious on whether tourism revenues will see similar growth. Greek banks’ Eurosystem funding was reduced... liquidity assistance (ELA) and ECB funding, which fell by 2.55 and 1.83 billion, respectively. Market
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Survey shows that Greeks cut back on healthcare visits in 2017
Societyon visits to the doctor. The findings were presented at the 13th congress on management, economics.... This can be interpreted as an outcome of slashed public health funding during the years of the crisis... and Crete had the lowest (64.4 percent). The findings reflect that those with a more stable economic
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Greeks graduating after 2011 encountered limited opportunities, low pay
Societyfunding to universities and teaching staff had been slashed during the years of the crisis, falling 24 percent and 19.2 percent, respectively. Though the figure for funding cuts is lower than... spending (20 percent). Operational funding fell by around 66 percent. Most of the graduates surveyed from
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What are the implications of the ECB's decision for Greek banks?
Economylenders. This move means that such collaterals would not be eligible for ECB funding as of February... banks’ ECB funding stood at 56 billion euros at the end of December. This figure reportedly rose close.... At the end of September, Greek banks had pledged 17 billion EFSF bonds for ECB funding and 18 billion
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Greek banks on cusp of improved liquidity conditions
Agorarequirements for ECB funding purposes) was initially introduced on December 19, 2012 following a positive... (GGBs), T-Bills, pillar II and III bonds, used as collateral for ECB funding via the Emergency... would no longer be eligible as collateral for ECB funding from March 1, 2015. This means
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Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead
Agorafrom last year. The improvement mostly reflects lower wholesale funding cost, stemming from the reduced reliance on the Emergency Liquidity Assistance (ELA) funding coupled with lower holdings... figures displayed Greek banks’ reliance on Eurosystem funding dropped by 14.31 billion euros QoQ to 87.14
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Newsletter 211 -21/06/2019
their dependency on emergency financing from the central bank (ELA), a sign of normalisation in funding... industrial groupings. Eurosystem funding drops by 399 mln in May Figure for ELA collateral falls to zero during the month The composition of Eurosystem funding for May revealed that ECB funding made up 100
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