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How Greek banks could cut 2014 financing gap with a bond rollover
Economygovernment bonds (GGBs) that mature in 2014 with a total nominal value of circa 15 billion... and recognised in EBA core Tier I, Tier I and total adequacy capital, while being excluded from core Tier I
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Greece trying to lay 'phantom' pensions to rest
SocietyYiannis Vroutsis said that a total of 51,551 bogus pensions had been discovered with the most... defrauded the fund out of a total of about 10 million euros. In May, Alternate Finance Minister Christos
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Are politicians in Greece promoting reforms or social cannibalism?
Agoraearlier this year to fire 4,000 civil servants by the end of the year and a total of 15,000... 3,576 people who served in the municipal police. A total of 54 percent of the documents had been
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Does new troika visit spell fresh drama for Greece? Maybe not
Economyeuros were used for last year's debt buyback without increasing the total "financial envelope... year. At the same time, the IMF is scheduled to receive a total 9.1 billion euros in repayments
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When will Greek banks operate as credit institutions again?
Agorabank in Greece in terms of total assets (after National Bank of Greece) and the single largest in terms... combined total assets amounted to 99 billion euro in Q1-2013. Jens Bastian
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Greek banks’ reliance on Eurosystem fell by 2.36 bln in October
Economypercent of total Eurosystem funding from July 2012, reaching its lowest level at 5 percent... troika guidelines, Greek banks should reduce Eurosystem funding to total assets ratio below 15 percent
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A fierce political clash over medicine prices in Greece
PoliticsGreek Politicslast year a total of about 5.5 billion euros on some 6,800 drugs available on the local market.... Of the 5.5 billion spent in total last year, more than 900 million (almost 17 percent) was on generic
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Greek deposits slip in October as credit also contracts by 3.9 pct
EconomyMacroeconomymillion respectively counterbalancing time inflows of 922 million. Furthermore, total deposits.... Although some (10.87 billion) of total deposit outflows of 89 billion until June 2012 have returned
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Newfound variety helps Greek winemakers enjoy exports boost
Societyin the export of Greek goods, which had a total value of 27.6 billion euros in 2012, but there has been... to the USA but these sales account for 13.2 percent of total revenues for Greek wine exports. Greek
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Percentage of people in Greece at risk of poverty rises, tops EU list
Societypercent in 2011 and 19.7 percent in 2009, shortly before the crisis broke out. In total, 914,973... of the total equivalised disposable household income. The worst-affected groups are single-parent households
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