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Greek banks' equity raising could keep official support to a minimum
Economypercent of nominal value for senior notes, at 80 percent for Tier 2 and at 50 percent for Tier 1... bonds, 85 percent for the subordinated debt and 50 percent for the hybrid securities. Based on the offer... outstanding bank bonds. Of this amount, 533 million relate to senior securities, 267 million to Tier 2
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Newsletter 166 -15/06/2018
of total) will see increases of between 50 and 200 euros, while another 48,961 property owners (0.7... of maturities will be set at 15 years but will be reduced by 2 years for each 5 billion euros... 21 when there is a Eurogroup meeting.” . 2 Hirings balance positive by 108,725 in May New record high
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In effort to reach new deal, Greek government cannot ignore liquidity constraints
EconomyProgrammewith this type of collaterals stood at 21 billion euros at the end of September, according the lenders...). Local media had indicated that the state’s remaining cash reserves do not exceed 2 billion euros, while an additional 2 billion could be raised by utilizing the reserves of the general government
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Newsletter 95 - 11/11/2016
of 23.3–23.5 percent in 2016, which is expected to fall by 1–2 percentage points in the following.... The headline figure for September is the sixth straight positive reading. 2 The great state... the type of voters that the Democrats in the US, the Labour Party in the UK and social democrats elsewhere
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Newsletter 127 - 14/07/2017
to reports, the coalition favours a five-year bond between 2 and 4 billion euros and will target a yield... in ECB funding by 6.63 billion, as Greek banks replaced this type of liquidity with interbank repos... uncertainty during that period. 2 May Industrial Production Index rises Five-month aggregate figure
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Newsletter 185 -30/11/2018
offs, sales of nearly 2 billion euros also took place, mostly attributed to transactions by two... protection stand at 31 percent of the type, while consumer loans under protection are at nearly 24 percent... growth in tourism, the level of NPEs from the sector still reaches 40 percent. 2 Primary surplus
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ND feeling fiscal pressure as row over media handouts rumbles on
PoliticsGreek Politics, the government is looking for 2 billion euros fiscal space so it can get back on track... these interventions. It will have to agree a primary surplus target of less than 2 pct of GDP next year... of cheap or easy money. This is creating a different type of problem for the government, according
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Trouble from Turkey prompts plans for extra defence spending after years of cuts
PoliticsGreek Politicson the purchase of two Belharra-type intervention frigates. No order has been placed with France’s Naval..., this stood at 2 pct, which was still in line with the level agreed by NATO member states in 2014. Even at 2 pct, spending was much higher than the EU28 average in 2018, which stood at 1.3 pct
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Newsletter 446 - 10/01/2025
the tone on January 2 by submitting a parliamentary question for Mitsotakis on the problems faced... in the eurozone markets, with the German Bund at 2.6 pct, from roughly 2 pct at the start of December... for this type of global uncertainty that we have been arguing that Greece’s debt position
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Newsletter 454 - 07/03/2025
factors. It is precisely for this type of situation that, as we have previously highlighted, Greece's... for France and 3.92 pct for Italy, compared to 2 pct, 2.9 pct and 3.2 pct respectively in December... performance is structural and could be repeated in 2025, leading to a primary surplus of over 2 pct
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