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Greek QE eligibility? We're not there yet
Agorafunding. Draghi confirmed that the ECB insisted during the last Eurogroup on August 14 that any bail... to reinstating the waiver for ECB funding. Such a development would require Greece to be in a financial... currently use for Emergency Liquidity Assistance (ELA) funding. The collateral types that would
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Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBanking) contracted by 3 percent QoQ to 440 million, as the positive impact from lower funding cost... for the whole year. Balance Sheet Eurosystem funding fell by 5.4 billion QoQ to 15.5 billion in Q1, largely due to a cut in ECB funding by 4.5 billion. Emergency Liquidity Assistance (ELA) funding
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Greece and troika: Bailout tranche, funding gap and debt relief still pending
PoliticsGreek Politics, it will also clear the way for a discussion on the funding gap that lies ahead this year and in 2015... completed. With the funding gap debate settled, discussions will move to the much trickier matter
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Structural problems and dramatic drop in funding harm mental health care in Greece
SocietyGreece’s mental health and integration systems have been ranked among the worst in 30 European countries due to structural problems before the crisis and a drop in direct funding of 64 percent under... expenditure has been one of the many areas that have seen significant cuts. Dedicated funding
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After paying IMF, Greece looks to cover remaining funding needs for March and April
EconomyProgrammeΤhe government has covered a large part of its funding needs for March, which mainly comprised of 1.5 billion euros in payments to the International Monetary Fund and the rollover of 4.6 billion... relate to the payment of 1.55 billion euros in wages and pensions each month, while external funding
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Deposit inflows of 1.07 bln in June, highest in first half of 2016
EconomyMacroeconomy. Meanwhile, the reliance of Greek banks on Eurosystem funding notably dropped by 8.57 billion euros to 87.14 billion in June, reflecting of a sharp fall in ELA funding by 10.44 billion, while ECB funding rose by 1.87 billion. The reduced central bank funding in June mainly results from
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Check, please: How much Alexis Tsipras's first months cost Greece
Agorabillion euros, or a quarter of Greece’s economy. At the end of 2013, the value of the holdings... to 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
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PM prepares to finalise relief package as talk of electoral tweak gathers pace
PoliticsGreek Politicsfront, the initial idea of abolishing the so-called “personal difference” and folding it into core
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Varoufakis outlines contours of debt deal as haircut set aside
PoliticsGreek Politicsare not part of the intended official debt restructuring. ECB holdings The ECB holds 25-27 billion euros... will be a landmark moment as these bonds cannot be covered by other funding sources such as extraordinary... on its Greek government bond holdings. Instead, Varoufakis says Greece would request only the 1.9
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Alpha Bank enters agreement with Davidson Kempner for 10.8 bln Galaxy securitisation
EconomyBankingsecuritisation. The deal will see Davidson Kempner acquire an 80 percent stake in Cepal Holdings, Alpha... long-term funding facility of up to 120 million euros, which Davidson Kempner can draw from at its... will be run by the same executives as Cepal Holdings, for the management of its existing retail
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