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  1. Greece unveils MTFS seeing 4.2 bln primary surplus in 2014 but just under 2 bln fiscal gap in 2015-16
    Photo by MacroPolis

    EconomyMacroeconomy

    the preference shares granted in exchange of Pillar I bonds back in 2009, with total state proceeds at 1.8

    10%
  2. Eurobank: From nationalisation to re-privatisation

    Agora

    a liability to the state of 950 million for its own preference shares related to pillar I bonds

    10%
  3. Greek bank capital increases: A breakdown of what has been achieved
    Photo by MacroPolis

    Economy

    to the state in 2009 as part of pillar I bonds. Piraeus will also repurchase its preference shares of 750

    10%
  4. Eurobank records net loss of 207.4 mln in Q1

    EconomyBanking

    . The latter includes the preference shares (related to pillar bonds) worth 950 million and excludes upcoming

    10%
  5. National Bank starts 2014 posting net profit of 181 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    . In addition, management reiterated it will purchase the state preference shares (related to pillar

    10%
  6. Alpha Bank posts loss of 94.1 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    17. These shares related to pillar bond that expired on May 21. On the sidelines, the bank announced

    10%
  7. Piraeus Bank reports loss of 247 mln for Q1
    Photo by MacroPolis

    EconomyBanking

    and the purchase of state preference shares (related to pillar bonds) worth 750 million on May 21, the pro-forma

    10%
  8. S&P upgrades Greece one notch to B, sees growth in 2015

    Economy

    pillar I bonds, inter-government lending and – more marginally – through privatization. S&P

    10%
  9. ECB tests find negligible capital shortfalls at Greek banks
    Photo by MacroPolis

    Economy

    . The second pillar is a stress test conducted in cooperation with the European Banking Authority (EBA

    10%
  10. Eurobank reports loss of 186.6 mln in Q3
    Photo by MacroPolis

    EconomyBanking

    (Pillar II) bonds would not qualify for ECB eligibility as of March 2015. Potential replacement

    10%