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  1. Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The positive flow in April is almost entirely attributed to corporate sector net additions of 763... positive for the third successive month, with net additions climbing to 763 million in April

    25%
  2. Newsletter 269 -16/10/2020

    Newsletters

    shows deficit of 7.01 bln September figures show decline in revenues On a monthly basis, net revenues... primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared

    23%
  3. Newsletter 271 -30/10/2020

    Newsletters

    at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus

    22%
  4. Cabinet act firms up details of CoCos issuance by Greek banks
    Bank of Greece

    Economy

    pari passu” to common shares. They bear an annual coupon of 8 percent for the first 7-year period after

    18%
  5. National Bank reveals capital plan, which includes sale of whole Finansbank stake
    Photo by MacroPolis

    EconomyBanking

    as Common Equity Tier 1 (CET1) capital (“pari passu” with common shares) but they are an expensive

    16%
  6. Newsletter 50 - 06/11/2015

    Newsletters

    ) for the remaining 75 percent. CoCos, which qualify as Common Equity Tier 1 (CET1) capital pari passu

    14%
  7. Greek banks' equity raising could keep official support to a minimum

    Economy

    , and hybrid securities is activated. CoCos, which qualify as Common Equity Tier 1 (CET1) capital “pari passu

    13%
  8. Early IMF repayment next goal for Athens after concluding second post-MoU review
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    creditors due to the pari passu clause. “Also from the ESM perspective, it would make sense to repay

    11%
  9. Newsletter 202 -12/04/2019

    Newsletters

    the agreement of all creditors due to the pari passu clause. “Also from the ESM perspective, it would make

    11%
  10. Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    the process on hold. Although the EFSF is a pari passu creditor, the ESM is a preferred creditor, only

    11%