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Study shows deep impact of capital controls on retail sector
Economypercent of total respectively. This means that due to the imposition of capital controls there was a significant differentiation in customers’ behaviour, with cash payments (as a percentage of total... sector reached 36 percent this year outpacing those via cash that stood at 33 percent of total.
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Election Watch: 24 parties and coalitions apply to contest election
AgoraGreece’s Supreme Court has received a total of 24 applications from political entities – including... of the total. Taken together, that made them more successful than poll-topping New Democracy, which took 1.19... to take 151 seats. If the total support for parties not entering Parliament reaches 10 percent
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Newsletter 44 - 25/09/2015
to get his parliamentary group to read from the same page. However, total unity cannot be guaranteed... a best-case scenario. This scenario assumes total capital needs of up to 15 billion euros, almost... process as it, accordingly, reduces the necessity for official support. Of the total of 25 billion
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Greece sees deposit inflows, of 449 mln, in August for first time since Sept 2014
EconomyMacroeconomyperiod that started last December shows total outflows reached almost 44 billion corresponding... recorded in January (12.79 billion), February (7.63 billion) and June (7.58 billion). Total deposits... Governing Council decided to lower the ELA ceiling for Greek banks three times by a total of 2.1 billion
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Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target
Economyof the total revenue revision. In addition, direct taxes also fell by 10.4 percent in September after... spot on target. Overall, total expenditure declined by 5.3 percent in 9-month period to 34.03 billion, 2.64 billion lower than the revised target. On top of primary expenditure, total expenditure
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Eurobank makes 877 mln bond exchange offer to cover part of its capital shortfall
EconomyBanking) involving a voluntary exchange offer for a total nominal value of 877 million euros in outstanding... on October 15 for a total outstanding nominal amount of 593 million bank bonds. If all bondholders... of November. According to Reuters, total capital needs are seen at around 14 billion, while the amount
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National Bank reveals capital plan, which includes sale of whole Finansbank stake
EconomyBankingscenario of the stress test. The bank's capital plan has three key pillars aiming to cover total... to cover total capital needs of 4.6 billion will be covered by the HFSF in the form of common shares... billion, CET1 capital 9 billion and CET1 ratio 14.5 percent. Note, though, that the bank holds a total
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Marked improvement for budget execution in Oct, primary surplus outperformance extended
EconomyMacroeconomyis up by almost 1 billion euros, also including the quarterly VAT payment. Total ENFIA revenues.... Overall, total expenditure declined by 4.8 percent in 10-month period to 37.73 billion, significantly outperforming target by 3.17 billion. In addition to the mentioned primary expenditure, total
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Newsletter 52 - 20/11/2015
expectancy. Press reports indicate that this would result in a further cut for those pensioners whose total... has dropped by 7.19 billion to 119.38 in total. At the same time, the ELA funding of Greek banks... to relocate the total number of refugees it pledged to. This means that Greece will remain under
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Greek households most overburdened with housing costs in EU
SocietyWith two in five of its population living in a household where total housing costs represented more than 40 percent of total disposable household income, Greece has by far the highest housing cost... percent of the total population), Cyprus (4 percent), France and Finland (both 5.1 percent) registered
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