The Governing Council of the European Financial Stability Facility (EFSF) decided to reduce to zero the margin for interest rate increases on Greece’s loans for the period between 1 January and 17 June 2022, as part of the medium-term debt relief measures agreed for the country in 2018. The value of this seventh consecutive reduction […]
Tag: EFSM (Financial Stability Fund)
The bill for the reform of the operating framework of the HFSF was accepted in principle
With the votes of the governing majority, the bill “Reform of the institutional framework of the Financial Stability Fund and the Guarantee Fund for the Guarantee of Investment Services, Modernization of Regulations and other Organizations” was approved, in principle, by the Finance Committee of the Parliament. ND stated in favor of the bill. SYRIZA, the […]
Chr. Staikouras: targeted structural reforms, with a modernizing sign
The Government is launching, with consistency, method and responsibility, important and targeted structural reforms with a modernizing sign, said the Minister of Finance, Christos Staikouras, speaking to the Finance Committee of the Parliament, on the provisions of the draft law “Reform of the and the Guarantee Fund for Investment Services, modernization of the Public Debt […]
BoG: The risks to the economy, businesses, households
By Leonidas Stergiou The Bank of Greece is ringing the bell for an increase in borrowing costs due to rising interest rates and a reduction in disposable income, in the Financial Stability Report. According to the BoG, the energy crisis, combined with the war in Ukraine, increases the risks to the Greek economy, businesses, households […]