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How Greek banks moved into a new era
Agora. They successfully raised a total of 8.31 billion (Alpha 1.2 billion, Eurobank 2.86, National 2.5..., the four banks had accumulated LLRs of 43 billion corresponding to 16.6 percent of the total loan book
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Greece's new finance minister lines up for a marathon (and several short sprints)
PoliticsGreek Politicsyears. This could result in total savings of 25 billion (14 percent of GDP) over the 50-year period... plan for creating a total of 770,000 jobs by 2020. Three quarters of those jobs are projected
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IMF report sees a number of risks lying ahead for Greece
EconomyProgrammeand tourism, which account for 2/3 of total exports, have significantly lagged other countries... and restructured loans at 40 percent of total loans by the end of 2013. The coverage ratio (cash
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Alpha Bank acquires Citigroup's retail banking unit in Greece
EconomyBankingthat 60-61 million, of the total outstanding 1.2 billion, warrants have been exercised. If confirmed.... The 450 million shares account for 3.5 percent of total Alpha shares. This means HFSF’s share
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Ιnterest in exercising Alpha's warrants remains rather limited
EconomyBankingof total outstanding shares, implying that the HFSF stake in the bank’s share capital was reduced... than double compared to the previous period number, the total number of exercised warrants so far
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Greece sees travel receipts shoot up by 35.8 pct in April
EconomyMacroeconomyof 13.2 percent. Their share of total receipts eased to 4.8 percent from 5.4 percent last year... of total, may not take place. The growth of arrivals from Russia showed a significant slowdown
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomy. The outcome of tax audits on high wealth individuals showed collected taxes at 40.5 percent of total... temporary audits correspond to 73.9 percent of total. The full target is set at 65 percent, implying
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Young Greeks more likely to swap items and buy second hand
Societyare by far the most popular item for swapping, making up 80 percent of the total. The informal network... of the total, more than charities and the church, which make up 33 percent.
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Just 8 percent of Greece's 1.27 mln registered unemployed receive benefits
Societybureau, the Manpower Employment Organization (OAED), the newspaper reports that 1,172,817 out of a total.... This means that just 102,026 jobless Greeks, or 8 percent of the total unemployed, enjoy financial
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Greece raised lower than expected amount from 3-year bond issue, yield at the high end
Economy” The MoF statement also notes that total offers reached 3 billion euros, materially lower than the 20... was in May 2009 for an amount of 7.5 billion euros with a coupon of 4.3 percent. At that time total bids
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