Search
-
Fitch puts Greek banks' capital needs between 11.2 and 15.9 bln
Economycertain assumptions. In the first scenario, the rating agency assumes: 1) Non-performing exposure (NPE... loans to 52.1 percent, implying a rise by 24.9 billion in absolute terms. 2) Increase in reserve... to continue to qualify as core capital. 5) Target Common Equity Tier 1 (CET1) ratio at 12 percent
14% -
The ins and outs of the Greek bank recapitalisation process
Economy-in is effective as of 1 January 2016. Since the Greek bank recapitalisation process should be completed by the end... for the stress tests (under the baseline scenario) while the final templates are due by 2 September. Regarding..., accounting for around 45 percent of their Common Equity Tier 1 (CET1) capital. This means
14% -
Latest polls add to uncertainty ahead of Sunday's elections
PoliticsGreek Politicsof Macedonia poll for Skai TV, which had put SYRIZA 1 point ahead last Friday now shows New Democracy... ahead (by four points) but with its lead narrowing by 1 point since last week. Kapa Research shows... their support by about 2 percentage points since last week. Macedonia Uni for Skai TV ND 30% SYRIZA 29.5
14% -
Bailout review resumes in Athens but substantial gap remains
PoliticsGreek Politics. According to all indications, the mission chiefs: 1) Do not favour a rise in social security contributions for supplementary pensions by 1.5 percentage points (1 point for employers and 0... federations. 2) Do not agree with the recent proposal from the government for lower contributions
14% -
Coalition in rush to wrap up pending bailout issues
EconomyProgrammesome key pending issues that could unlock the disbursement of the next sub-tranche of 2 billion... disbursement of both the sub-tranche of 1 billion plus the all-important 10 billion for bank... that will create cost savings of 1 percent of GDP in 2016. According to reports, this could mean cuts
14% -
Greece receives list of milestones for next bailout sub-tranche
EconomyProgrammeof milestones Greece has to implement in the next three weeks for the disbursement of the next sub-tranche of 1... to: 1) Preparation of a plan for the establishment of a new independent secretariat of public revenues so the relevant legislation can be adopted during the first programme review. 2) Measures
14% -
Pension reform wrangle prompts Greece to consider going own way on contributions rise
EconomyProgrammein contributions could reach 2 percentage points (pp), of which 1.5 pp will burden employers (1 pp for main...) called for pension reform savings of 0.25 percent of GDP in 2015 and another 1 percent in 2016
14% -
Deflation slows to 0.7 pct in Nov
EconomyMacroeconomyrepresents the lowest negative reading since August 2014 and the second successive reading below -1... posted by food and non-alcoholic beverages (+3.2 percent), hotels, cafes and restaurants (+2... with CPI seen rising by around 0.5 to 1 percent in 2016, according to the latest European Commission, OECD
14% -
Strong rebound of 7.7 pct in week for Greek stocks with jump in trading activity
Economyof 1 billion following the approval by the Parliament of the last multi-bill on prior actions... percent, while Grivalia (-2.6 percent), METKA (-2 percent), Public Power Corporation – PPC (-1.3 percent) and Motor Oil (-1 percent) also underperformed. The trading activity materially improved throughout
14% -
Greece and lenders hold inconclusive talks on tax and pensions
EconomyProgrammeanything yet.” This confirms the significant gaps that still exist between the two sides and relate to: 1... (15/20) for those with 15 working years. 2) On pension replacement rates, the mission chiefs... savings of 1 percent of GDP (1.8 billion) this year. Since the institutions rejected the government
14%