Search
-
Developments in Greece produce volatile market reaction
Economymovements in the last six months after the completion of capital increases of 8.3 billion euros in total... announcement on the back of press reports and market rumours that their capital needs would be much
13% -
Piraeus Bank seals milestone deal with KKR over 1.2 bln of non-core assets
EconomyBankingof business loans and accounting for more than 70 percent of the total NPLs. Piraeus surprised... financial (net interest income loss) or capital impact. KKR had 96.1 billion dollars’ worth... classes including private equity, energy, infrastructure, real estate, capital markets, credit strategies
13% -
Newsletter 11 - 16/01/2015
to be in a straight contest for third spot. The centrist party is edging ahead in most polls but the virtual total... the Hellenic Financial Stability Fund (HFSF) capital buffer of 11.4 billion euros, reducing... institutional partners. However, spending so much political capital on the debt relief issue now is akin
13% -
Tsipras hopes to muddle through, avoid internal clash for now
PoliticsGreek Politicsthe country in the eurozone. A total of 61.2 percent said they want to keep the euro even if more... it leading to a default or the imposition of capital controls. Dragasakis was visibly upset by Dijsselbloem’s suggestion this week that Greece may soon have to impose capital controls, as Cyprus did
13% -
Newsletter 25 - 08/05/2015
April, a total of 370 million had been transferred by the independent employees’ fund ETAA (100... with the result that he wants, the country will have to live with the consequences of capital controls... that is in such a fragile state and so reliant on cash, imposing capital controls would be the equivalent
13% -
Where has the money withdrawn from Greek banks gone?
Agoraboxes amid increased fears about the imposition of capital controls or the collapse of talks between the government and lenders. Banking sources note that one-third of total outflows relate to transfers... if an agreement with official creditors is clinched soon, which would also banish fears of capital controls
13% -
Greece sees deal by June 5 but size of gaps tells different story
PoliticsGreek Politicsto the IMF, which total around 1.5 billion euros. If Athens were able to do this, and pay the Fund... to growing uncertainty and speculation about capital controls, the prospect of a deal not being approved... has so far denied any plans to impose capital controls and the Bank of Greece did not ask this week
13% -
Moody's downgrades Greece's rating by one notch to Caa3
Economyto service its total debt obligations in the next years, it needs to reach a lasting agreement with official... will remain high. The imposition of capital controls will further undermine growth and Moody’s..., Moody’s expects Greek banks will remain closed for a longer period with tighter capital controls.
13% -
What next for Greece's revenues and spending?
Agora. The total pension cost stands close to 2.35 billion per month, with budget contribution for public...With a bank holiday and capital controls in effect since June 29 and the government tabling... with the imposition of capital controls and banks closing. However, the latest expectations do not rule out
13% -
IMF urges substantial debt relief for Greece
EconomyProgrammeneeds of 25 billion euros on top of those mentioned in the preliminary DSA. This brings the total amount... unsustainable. The IMF stresses that the closure of Greek banks and the imposition of capital controls... banks could mean further capital injections in the future. The IMF concludes that the sharp
13%