Search
-
All eyes on Piraeus as share price tumbles amid coupon payment concerns
EconomyBankingCentral Bank regulations as part of the pandemic-related framework, banks are not allowed to pay out... that took place in 2015, Piraeus Bank had issued 2 billion euros of convertible bonds (CoCos) that pay... on the ability or not of Piraeus Bank to pay the CoCos coupon. The bank has set aside 165 million
18% -
When will Greek banks operate as credit institutions again?
Agorathe past three years. According to the Central Bank of Greece unit labor costs have declined by more than... facilities. The central problem of the real economy in Greece is today not anymore the high [unit] labor... bank branch in Frankfurt with a maturity of five years will currently have to pay an interest rate
18% -
Coalition ready to pass first legislation as agenda for lenders' talks grows
PoliticsGreek Politicsthat the government is under extreme pressure to meet its commitments. It has to pay 950 million euros... to pay wages and salaries. Nevertheless, Athens remains hopeful that if negotiations with the European Commission, European Central Bank, European Stability Mechanism and IMF progress well, the ECB may
18% -
Tsipras forges ahead with referendum as lenders hold back, wait for result
PoliticsGreek Politicswould default on the European Central bank as it would be unable to pay the Greek bond that matures... for places outside banks to receive priority tickets to collect their retirement pay could be devastating... for “No.” This suggests 65 percent for “Yes” and 35 percent for “No.” The European Central Bank
18% -
Newsletter 49 - 30/10/2015
chance of winning: Current leader Evangelos Meimarakis and Central Macedonia Governor Apostolos... to only 26.2 percent. Given that the ballot will be open, meaning that anyone willing to pay 3 euros... Central Bank shows that Greeks lost on average 16,909 euros per person in the four years from 2009
18% -
Newsletter 111 - 17/03/2017
), who did not have to pay any personal income tax in 2016, would have to pay as of 2019, assuming... balance in central bank funding hit 61.88 billion, the lowest reading since late 2014. However... in February, reaching its lowest level since November 2012. The outstanding balance in central bank
18% -
Newsletter 186 -07/12/2018
from their so-called “personal difference” being removed from their retirement pay. Meanwhile, some... and the release of the profits from Greek bonds made by the European Central Bank and other eurozone central... billion euros from the cash buffer to pay off part of Greece’s debt to the International Monetary Fund
18% -
Newsletter 324 - 21/01/2022
conditions in a distant third on 28 pct. Only 7 pct of respondents said they can pay their energy bills without any problems, while 24 pct said they cannot pay. In terms of overall support... losing the 2019 vote. Tsipras proposed that both the party leader and its main organ, the Central
18% -
Under-fire PM pledges civil defence improvements following summer of destruction
PoliticsGreek Politicsin Thessaly. Mitsotakis admitted that the mish-mash of competencies between local and central government... not to consider a tax on bank profits, as was adopted by Slovenian authorities recently to pay for flood damage... funds to help cover these costs. The full extent of the damage done in central Greece is not yet
18% -
Newsletter 20 - 20/03/2015
Hollande, European Central Bank President Mario Draghi, European Commission chief Jean-Claude Juncker... billion euros in profits from the European Central Bank’s securities markets With the government... assistance (ELA) funding. According to the central Bank of Greece (BoG), Greek banks’ ELA funding reached
17%