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HFSF sets out bank divestment strategy, marking final chapter in turbulent story
EconomyBankingpct in Eurobank and almost 63 pct in the smaller size Attica Bank. The Greek government sees HFSF’s... euros, of which 27.5 billion related to the four core banks: Alpha Bank, Eurobank, NBG and Piraeus.... Of that amount, 8.46 billion was injected into NBG, 6.85 billion in Piraeus, 5.73 billion in Eurobank
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First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses
EconomyBankingin October, when Eurobank bought back a small 1.4 pct stake from HFSF, acquiring roughly 52 million shares... though that was a formality and the transaction closed with Eurobank paying just short of 94 million... in Eurobank and 3.96 billion in Alpha. As a result, the HFSF became the dominant shareholder
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Car registrations surge by 46.3 pct in June thanks to tourism, consumer confidence
EconomyMacroeconomyThe number of road motor vehicles (going into circulation for the first time) continued showing.... In addition, the number of road motor cars in June remained above the 10,000-mark for the second consecutive... of the first-time circulated road motor cars with its growth rate (52.3 percent in June) above the country
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Car sales continue to rise in July but at slower pace of 25.9 pct
EconomyMacroeconomyThe growth rate in the number of road motor vehicles going into circulation for the first time... over the past 18 months. In absolute figures, the number of road motor cars in July reached 10,744... to 63,026 motor cars. In the corresponding period last year, there was a drop of 2.5 percent
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Growth in car sales peaks in December with rise of 69.3 pct
EconomyMacroeconomyΤhe growth rate in the number of road motor vehicles going into circulation for the first time... readings over the past 24 months. The absolute figures showed the number of road motor cars rose... performance, the aggregate number for the whole year displayed road motor cars soared 30.2 percent
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Car sales in Greece up 26.8 pct in February
EconomyMacroeconomyΤhe growth rate in the number of road motor vehicles (going into circulation for the first time... (since September 2013) In absolute figures, the number of road motor cars reached 8,424 in February... data for the first two months of 2015 showed road motor cars climbed 18.7 percent to 18,713
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Car registration growth slows to 6.7 pct in September
EconomyThe number of road motor vehicles (going into circulation for the first time) continued heading... Statistical Authority (ELSTAT) figures displayed on Friday. The absolute numbers showed road motor... of total road motor cars. The number of road motor cars plunged by more than 30 percent per annum
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Car sales grow by 7 pct in Dec and by 13.5 pct overall in 2015
EconomyMacroeconomyThe number of road motor vehicles going into circulation for the first time continued heading north..., the number of additional road motor cars reached 116,168, which was an increase of 13.5 percent... at 96,151 for the whole year making up almost 83 percent of road motor cars. The 13.5 percent
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Greek banks' capital backstop and the funding gap: An uneasy relationship
Economy, including 5.8 billion to Eurobank, which was fully recapitalised by HFSF. This figure was later increased by 681 million to 25.6 billion, following the acquisition of Hellenic Postbank by Eurobank... 81 to 84 percent for Alpha, National and Piraeus and 95 percent for Eurobank. The resolution costs
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Where Greek banks stand ahead of capital needs disclosure
EconomyGreek systemic banks (Alpha, Eurobank, National and Piraeus) and informed them about the outcome... the rounds in the last few months. Same reports point to higher capital shortfalls for Eurobank and National... recap process. Eurobank has already initiated a capital increase process of 2 billion with anchor
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