Backpay for civil servants gets "positive" measures rolling for government
Appeals over past pension cuts sow confusion about potential fiscal impact of backpay
Revision confirms second year of total fiscal surplus at 0.8 pct of GDP
Moody's explains cautious approach to Greek credit rating upgrade
PDMA readies bond schedule for 2019, with eye on prepayment of IMF loans
Retail turnover in June grows strongly led by fuel and supermarket sales
Greek banks' equity raising could keep official support to a minimum
Following the disclosure of Greek banks’ capital shortfall by the ECB’s Single Supervisory Mechanism (SSM) on October 31, Greek banks submitted their capital action plans to the SSM last week to cover the emerging capital needs.
The first tier includes Alpha and Eurobank, with capital needs at the low end, at 263 and 339 million in the baseline and 2.74 and 2.12 billion in the adverse scenarios, respectively. The second tier involves National (NBG) and Piraeus, with considerabl...
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