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ECB increases ELA ceiling for Greek banks by 400 mln for first time since summer 2015
EconomyMacroeconomyLiquidity Assistance (ELA) ceiling for Greek banks by 400 million euros to 46.6 billion following... in the ELA ceiling since mid-August 2015, when the ECB started to reduce the limit after it had peaked to 91 billion euros. Although the ELA ceiling has been cut by 44.4 billion since
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"Executive state" model becomes latest lightning rod for discontent among ND MPs
PoliticsGreek Politicsmodel of governance in an attempt to manage complaints from rank-and-file MPs which culminated..., which include former government spokesman Yiannis Economou, argue that while the model had proved... governance. At the event, Mitsotakis backed Skertsos and defended the “executive state” model. The PM
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Latest Tempe report kicks off political storm as government claims vindication
PoliticsGreek Politicsat between 5-6 pct. On the right of ND, Greek Solution appears to have hit a ceiling at around 8-9.4 pct... opposition parties. On Tuesday, a report by a team at the National Technical University of Athens (NTUA... not suit its narrative, and of cherry-picking elements of the NTUA report which back its story
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Greece's post-lockdown hubris
Agorato flatten the infection curve with minimal casualties and limited impact on its already overstretched... in squares began to crop up in the days before bars were allowed to open, largely attended by young people
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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agoraadvisor, Nikos Tsafos, who posted recently on LinkedIn, “that’s why we are so keen to expand our... of energy plans with which EU leaders responded has seen a crop of new proposals enter the arena and secure
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ELA ceiling for Greek banks slashed by 7.8 bln to 77.9 bln after recap
EconomyMacroeconomyThe Bank of Greece (BoG) said on Thursday that the ECB Governing Council decided to reduce the Emergency Liquidity Assistance (ELA) ceiling for Greek bank by 7.8 billion euros to 77.9 billion... today’s ECB decision, the ELA ceiling has been cut by a total of 13.1 billion euros since mid-August
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Development model questioned again amid reaction to luxury resort go-ahead
PoliticsGreek Politicsof the development model promoted by the New Democracy government. On Saturday PM Kyriakos Mitsotakis spoke... brings a new model of value-added development to the area, pointing to the heavy investment
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Greek banks' ELA ceiling lowered by 1 bln on improved liquidity conditions
EconomyMacroeconomyThe Emergency Liquidity Assistance (ELA) ceiling for Greek banks further lowered by 1 billion to 87.9 billion, Bank of Greece (BoG) said on Wednesday. This was the fourth reduction since August 18 reflecting an overall improvement in banks’ liquidity position after the signing of the agreement
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Deadly floods raise questions about ND's civil protection pledges as Covid-19 accelerates
PoliticsGreek Politics, from 10 on August 1. According to the CORE model (Covid-19 Risk Evaluation), which is run.... The authorities hope that they will not have to impose further restrictions this month. The model adopted... to be introduced to flatten the curve. The government is hoping that the tighter measures
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If you think it's bleak for Greece now, wait until tomorrow
Agoraprospects based on the model that an economy’s long-term economic level depends on its capital stock, its... productivity growth since 1970 has been averaging 0.7 percent, by far the lowest in the euro area, which
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