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The targets and deadlines in Greece's privatisation programme
EconomyProgrammewill be updated on a semi-annual basis. b) Announce binding bid dates for Piraeus (OLP) and Thessaloniki (OLTH... and share purchase agreements by October, while binding offers are expected in November and parliament... in the second phase with eight investors preselected. The indicative timeline suggests binding bids
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How Greek banks moved into a new era
Agorawas estimated at 5.8 billion under the binding baseline scenario and at 8.8 billion under..., allowing it to potentially be used to reduce public debt or cover the government’s funding needs. Diversifying funding sources The second important development this year was the issue of senior
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Newsletter 118 - 12/05/2017
, Tzanakopoulos described the court as issuing a “non-binding opinion” rather than a “ruling”. He also said... funding drops for 22nd straight month Greek banks’ funding down 67.43 billion from peak of 126.57 billion Greek banks’ Eurosystem funding continued to drop for the 22nd successive month in April, albeit
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NBG net profits decline to 8 mln in Q3, NPLs continue to fall
EconomyBanking-binding bids must be received by December 10, and binding bids by the end of February. The bank hopes... return to profitability. Eurosystem funding Eurosystem funding in Q3 stands at just 2.3 billion... ) funding. NBG remains the only core Greek bank that is off ELA while retaining a liquidity buffer
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HRADF development plan lays out list of actions pending for privatisations
EconomyFeaturesfor the submission of binding offers for the 35-year concession is 21 February 2020. This date... to the project. The original binding offer deadline was in February 2019 before it was extended... teams in October 2018 and March 2019. Based on their findings, subconcessions of commercial operations
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What would a clean bailout exit for Greece mean in numbers?
AgoraWith approximately 145 billion euros in loans, the ESM is by far the largest creditor of Greece, holding 43... maturing between 2022 and 2042. In December 2012, using approximately 11 billion of ESM funding, Greece
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The demand for Greek debt relief: Is the cart being put before the horse?
Agoraof outstanding funding tranches for Greece totalling roughly seven billion euros. The clock... is holding back last year’s payment that it is obliged to make to Athens as a result of the profits from
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Greece's opposition parties back in spotlight
PoliticsGreek PoliticsAmid the tense negotiations between the government and Greece’s lenders as well as the scramble to cover the funding needs for March, the plight of the country’s opposition parties has gone largely... Venizelos has already chosen this route. He has committed to holding a congress in May, when he
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Will SYRIZA accept the proposal from Greece's lenders?
Agora) mean that all options – including Greece defaulting after rejecting a deal, the government holding a referendum to decide whether to accept further austerity in return for 7.2 billion euros of funding
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Newsletter 38 - 07/08/2015
whether Greece is in a position to wrap up its third bailout in time to receive new funding to pay... to their constituencies to speak with voters. The only way to overcome this friction without holding new elections
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