Search
-
Greece fell two places to 60th in Doing Business ranking, World Bank says
Economy(79th) is the area where Greece’s position has fallen the most. It declined 8 spots from last year’s
4% -
The key points in Greece's new bank recap bill
Economy(previously until the end of 2014), 8) HFSF capital is set at 50 billion euros and its tenure is until
4% -
Sharp increase for Greek bank provisions in Q2 due to capital shortfall highlighted by ECB
EconomyBankingeuros in Q2, whilst deposits contracted by 8 percent to 55.68 billion bringing the L/D ratio to 112
4% -
Piraeus Bank reveals mitigating actions aimed at reducing size of capital increase
EconomyBankingset at 75 and 25 percent respectively. CoCos would bear an annual coupon of 8 percent, yet the coupon
4% -
Cabinet act firms up details of CoCos issuance by Greek banks
Economy“pari passu” to common shares. They bear an annual coupon of 8 percent for the first 7-year period after
4% -
National Bank reveals capital plan, which includes sale of whole Finansbank stake
EconomyBankingcapital support instrument bearing an annual coupon of 8 percent, which in NBG case means an interest
4% -
Greek banks' equity raising could keep official support to a minimum
Economyan annual coupon of 8 percent. In addition, they are mandatorily converted to common shares if a bank’s
4% -
NBG strengthens capital at deep discount, falls short of initial target
Agora, with an annual coupon of 8 percent (interest expense of 162 million) and 677 million euros in common shares. NBG
4% -
Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln
EconomyMacroeconomybillion) 8) Agricultural subsidies (at 57 percent of the FY target of 591 million). The payment
4% -
Stock market slips 1.4 pct dragged by huge bank losses
Economywere recorded by: Aegean Airlines (+8 percent), Grivalia (+6.1 percent), Athens Water – EYDAP (+4.4
4%