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Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
Economystatements multiplied by 20 percent. This percentage is equivalent to a 2-year phase-out (10 percent... Equity Tier 1 (CET1) capital. The new legislation related to the conversion of DTA to tax credit, which
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Greece is least socially just country in EU, report indicates
Societypeople aged between 20 and 24 are neither working nor in education or training. “The very significant... 24th with 4.68 but displays the biggest drop (1 point) of all the countries rated in 2008
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Bigger drop for Greek industrial production, which fell by 5.7 pct in August
EconomyMacroeconomynegative reading in the eight months of 2014 and the seventeenth over the past 20 months. Three.... Mining and quarrying, as well as manufacturing production, rose by 1 and 0.3 percent respectively
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Greece changes banks' DTA conversion law to secure ECB/EBA approval
Economy(annual) profit loss. For example, if a bank has a capital of 10 billion, of which DTC is 2 billion (20 percent of total), and the bank reports pre-tax loss of 1 billion, then the bank will proceed
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Greek credit contracts by another 3.5 pct in Sept as balances ease to 212 bln
EconomyMacroeconomyinstitutions fell 2.9 percent, unchanged from the two preceding months. Balances fell by almost 1 billion... by almost 800 million euros MoM to 26.81 billion, while monthly flow showed marginal net additions of 20
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Significant rises for Greek economic sentiment, consumer confidence in October
EconomyMacroeconomy, extending its cumulative gains to 20 points in the 9-month period. Industry confidence rose by almost 5... moderate rise by 1 point to 15.8 in October. The YtD gains stand at almost 21 points.
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Credit down by 3.2 pct in Oct for lowest contraction since Dec 2011
EconomyMacroeconomymillion from slight net additions of 20 million in September. Corporate loan balances increased... of decline decelerated by almost 1 percentage point to 3.8 percent, which is the lowest reading since
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Greece moves closer to troika over fiscal gap, waits for response
EconomyProgramme, SETE anticipates the devastating impact on employment since for each 1 million fewer tourists more... in the minimum required insured years for securing the basic guaranteed pension from 15 up to 20 years
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Two more parties prepare to step onto overcrowded Greek political stage
PoliticsGreek Politicstheir opposition. Either way, with DIMAR crumbling to as low as 1 percent in opinion polls, Lykoudis... and start showing up on surveys. The creation of these two parties would take to over 20 the number
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Accommodation and food services index up 7.6 pct in Q3
EconomyMacroeconomy’s figure of 20 million. A similar growth is also expected for revenues, which are seen at 14 billion... the negative impact on employment since for each 1 million fewer tourists, more than 30,000 jobs
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