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Controversies around president pick cause government headaches
PoliticsGreek Politicsnegative and 13 pct neutral. The finding somewhat undermines Mitsotakis’s rationale for not supporting... constituency and funding of over 800,000 euros from the parliamentary budget for a museum in the area on his last day in office. While Tasoulas defended his gesture by noting that all the funding had been
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IMF report sees a number of risks lying ahead for Greece
EconomyProgrammeareas going forward. Privatisations Performance on the privatisation front continues to fall short... of alternative funding have decreased the projected 2020 debt ratio by 1 pp each. Debt sustainability..., there is a funding gap of 12.6 billion in 2015, notably for the seven months after May 2015
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If it's debt restructuring you're looking for, Regling's not your man
Agora. In that case the stock of debt will not fall below 120 percent of GDP and gross financing needs... billion maturing in five years and more. According to the funding operations section of the same... of different maturities. The EFSF has a total of over 199 billion euros under its funding programme
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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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Positive deposit flow of 2.8 bln in Dec leads 2016 inflows to 4.2 bln
EconomyMacroeconomybanks’ Eurosystem funding declined by another 1.87 billion in December and landed at 66.62 billion, its lowest level in the last two years. The decrease mostly reflects a fall in the Emergency Liquidity Assistance (ELA) funding by 1.37 billion, while ECB funding posted a smaller drop by 500 million
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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesdeclines, so a higher percentage pensioners would fall below the 2009 poverty threshold, as would... system is funded by a combination of employee and employer contributions, and state funding. The onset of the crisis put a squeeze on all three funding streams roughly within the same time frame, throwing
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NBG remains profitable in Q2 with net results of 21 mln
EconomyBankingmillion euros against the previous quarter’s decline of 800 million. The current quarter’s fall... cited this as a key driver for the bank’s return to profitability. Eurosystem funding Eurosystem funding... refinancing operations (TLTRO ) funding. NBG remains the only core Greek bank that is off ELA while
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New Democracy sees glimmer of hope in polls following support measures
PoliticsGreek Politicslost 1.6 points since March to fall to 4 pct. Movement for Democracy is at 3.9 pct, followed... International Fair in September. “Truth Squad” funding row New Democracy continues to face questions from the opposition about the funding behind the internet “Truth Squad” (Omada Alitheias), an online group
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Newsletter 6 - 5/12/2014
, Tsipras runs a similar risk of finding himself trying to disentangle a complex set of parameters... banks to continue to have access to cheap European Central Bank funding under current terms, ensure
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Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
EconomyMacroeconomyand training in an effort to improve the job-finding chances particularly for the long-term unemployed... incorporates absorption of National Strategic Reference Framework (NSRF) resources, funding from
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