Search
-
NBG strengthens capital at deep discount, falls short of initial target
Agoraeuros to cover its total capital shortfall. This figure is higher than the 2 billion initially suggested... price of 0.32 euros. NBG's discount is also materially higher than that of Alpha (34.4 percent...:15) since the offer price cannot be lower than the minimum price of 0.30 euros allowed by law
3% -
Current account surplus widens to 838 mln in Sept on shrinking goods deficit
EconomyMacroeconomydeficit (by 13 million). This more than offset a worsening of the services surplus (by 502 million... improvement is fully attributed to the goods deficit shrinking by 3.66 billion euros, which more than... in imports (-13.8 percent) than that of exports (-6.8 percent). In absolute terms, the goods deficit fell
3% -
EU-Turkey refugee agreement: A life saver or a dud?
Agorarather than help them float. In some ways, the agreement the European Union made with Turkey in Brussels... of a cash boost to provide better conditions for more than 2.2 million refugees in Turkey may prove... process in which it will always lose much more than it can gain. European leaders have decided to court
3% -
Newsletter 55 - 12/12/2015
2016, which he set at around 3 billion, a higher figure than the 2016 budget target of 2 billion... put it. It is true that on some issues, the fund is a harder taskmaster than the European lenders... for lenders making a significant intervention in the country’s debt rather than just tinkering around
3% -
Multi-bill tabled in Parliament, paves way for sale of NPLs
EconomyProgrammethat would acquire the NPL would do so at a price much lower than its nominal value. This means it could... if it is in arrears for more than 90 days. NPL sales are allowed only for large corporate loans... or guarantor should not deteriorate due to the sale or transfer of his NPL. If a borrower has more than
3% -
Current account turns to a surplus of 314 mln in Oct on contracting goods deficit
EconomyMacroeconomyaccount surplus (by 295 million) more than offsetting a narrowing of the services surplus by 295... million last year. The breakdown shows that the drop in the goods deficit by more than a third mainly... attributed to a marked narrowing of the goods deficit by 4.38 billion more than offsetting a drop
3% -
Will Tsipras ride the waves in 2016?
Agoracontributions rather than cuts to retirement pay but it remains to be seen if the quadriga of lenders agrees... appointed by previous administrations with candidates of its own choice, rather than those who are most... far, Greece’s task in addressing the huge influx of refugees and migrants (more than 800,000
3% -
Suspension of Eldorado's mine work deals blow to coalition's investment drive
Economyof Energy and Environment delaying the issuance of the required permits and licenses for more than... than 300 million dollars invested so far, will be suspended. Activities at its underground mine... in 2011 and has created so far 2,000 jobs and invested a total of more than 700 million dollars
3% -
Unpaid social security contributions almost reach 15 bln
Macroeconomyowing less than 15,000 euros each for an aggregate amount close to 1 billion (6.7 percent of total... percent of total). Meanwhile, 995 debtors (0.4 percent of total) owe more than 1 million each for a total... at the end of September. More than 90 percent of that stemmed from IKA debtors and 8.5 percent from OAEE
3% -
Where things stand on the Greek pension reform proposals
EconomyProgrammepension is lower than that paid out, the difference will continue to be paid to the pensioner until... pensions for those with medium and high salaries and more than 15-20 working years. The self-employed... billion euros) in 2016. The government insists on increasing revenues rather than cutting cost (i.e.
3%