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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingwill be considered after a short delay as the bank’s management examines whether there would be renewed... by the European Commission's DG Comp before they can be implemented, which will create a delay. Approval... strong interest. The portfolio contains around 2 billion euros-worth of housing loans. Non-binding
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Check, please: How much Alexis Tsipras's first months cost Greece
Agorato a significant funding and liquidity squeeze for his government. The Finance Ministry had to postpone or delay a large part of non-payroll costs from March 2015 to cover its imminent external funding... was the one that managed to take Greece out of the MOUs, albeit with a delay. However, can Greece’s prime
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It remains a mystery
AgoraThe Wall Street Journal leaked this week the minutes of an International Monetary Fund board... issue and a coupon of 6.25 percent. From that point on it became apparent that funding at sustainable... additional funding of significance to support its banking sector following the restructuring. It is worth
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Lenders put together proposal that may leave Tsipras struggling
PoliticsGreek Politicsthat the institutions have arrived at a common position. The Wall Street Journal reports... of the bailout funding package. The FT claimed that there are discussions about extending Greece’s... of more bailout funding to cash-starved Greece would provide some relief, it is difficult to see
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Athens ties up prior actions, IMF hints at programme role
PoliticsGreek Politicsa programme “in principle.” The Wall Street Journal also reported that there is some concern among Fund... not joining the Greek programme with funding at this stage appears to be growing by the day. During a press... agreed to be part of programmes and then only committed funding when the debt sustainability issue
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Newsletter 128 - 21/07/2017
to a report in The Wall Street Journal, the ceiling was set at 325 billion euros of central government... before the IMF approved its participation in the Greek programme with 1.6 billion euros of funding... population. Industrial turnover up 19 pct in May ELA funding ceiling falls by further 1.1 billion to 40.5
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Personal responsibility and public healthcare: Greece on a wing and a prayer
Agora. This was underscored in a recent Wall Street Journal article on the different approaches to the virus in Italy... under-funding of the health system, with public health expenditure at approximately 5.2 percent of GDP compared to an EU average of 7.5 percent. Funding of public hospitals fell by more than half between
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This is the deal Greece will go in search of at Wednesday's sceptical Eurogroup
PoliticsGreek Politicsin a Wall Street Journal report in which he expressed concern about liquidity problems in March... from general government bodies (repos). Without funding from other sources, Greece could run out
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Newsletter 86 - 02/09/2016
broadcasters and highlighting that the competition had been advertised in the Wall Street Journal... funding costs, due to reduced reliance on emergency liquidity assistance (ELA) and decreased pillar II
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Kotzias visit to Washington still leaves some doubts about US stance
PoliticsForeign Policyas it has publicly said little about it. In an interview with the Wall Street Journal last month, US... president is seeking to pass a 650-million-dollar cut in US funding for international organisations
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