liquidity
Economy
Greek Govt Seeking Liquidity Assistance from Social Security Funds, Hospitals and Farmers
His belief that there are alternative solutions to liquidity problems in March expressed a senior Greek financial official just before the Government Council for Economic Policy meeting that was earlier concluded under the presidency of government Vice President Giannis Dragasakis....
Economy
BoG Governor: We Must Conclude a Mutually Beneficial Agreement with Partners
Bank of Greece (BoG) Governor and former Finance Minister Giannis Stournaras has warned the Greek government that a final agreement with the country's loan partners should soon be reached in order to avoid a frightful setback to the country's economic...
Economy
Bank Deposits in Greece Reach Two-Year Low in December
A new two-year low reached bank deposits in Greece in December, as Greeks withdrew some 4.6 billion euros in a period stigmatized by political uncertainty due to the unsuccessful election of a new President of the Hellenic Republic and...
Economy
Greek FinMin: ECB Won't Provide Liquidity if Bailout Program Is Incomplete
His worries that the European Central Bank (ECB) will not provide the usual liquidity it offers to the Greek banks if the Greek bailout program is not complete, expressed earlier today the Greek Finance Minister, Gikas Hardouvelis. The liquidity...
Economy
ECB: New Greek Government Must Respect Previous Commitments
The European Central Bank came to a decision during the last Board of Directors meeting, on January 7, in regards to Greece. According to ECB, the new Greek government must implement its commitments and come to an agreement with...
Economy
Greek FinMin Examining to Issue Treasury Bills to Secure 4.5 Bln Euros
Towards the emergency issuing of Greek treasury bills is directed the Finance Ministry in order to secure some 4.5 billion euros for the country’s government, which in the first quarter of 2015 needs to cover the payment of interest...
Economy
BoG Governor: Greece Needs Long-term Fiscal Adjustment
Long-term fiscal adjustment and a precautionary credit line from European partners were the recommendations made by Bank of Greece (BoG) governor Yannis Stournaras in his interim report on monetary policy tabled in Greek Parliament on Tuesday.
A day after his...
Economy
Bank of Greece Refutes German Daily Report About Troika's Threat to Stop Liquidity
The Bank of Greece refuted earlier today a report by German financial newspaper Handelsblatt that the troika of international lenders gave an ultimatum to Greece that the European Central Bank will stop liquidity to Greek banks unless Athens and...
Economy
ECB President Promises Funding to Greek Banks
Bank of Greece (BoG) Governor Yannis Stournaras and European Central Bank (ECB) chief Mario Draghi have come to an agreement to provide Greek banks with further funding, worth 12 to 15 million euros.
According to Reuters, ECB reduced the haircut...