Search
-
How big is Greek fiscal gap? Will cuts be needed? Here's our Q&A
PoliticsGreek Politicsand International Monetary Fund, who are reportedly demanding an extra 2 billion euros in cuts next year... weeks have claimed that the troika wants another 2 billion euros to be found in 2014 but Greek media... eurocrats and troika whisperers, however, talk of €2 billion for 2014 budget. #Greece — Juergen Baetz
12% -
Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agoraconstraints and new credit transmission channels As graph 2 (below) underlines, the total volume..., the Bank of Greece and the Ministry of Finance.[2] The internal bad bank model for Greek institutions... Criticising NAMA’, August 27th 2009. [2] Kontogiannis, Dimitris, ‘Bad Bank Model Gains Ground in Greece
12% -
After Q3 results, what next for Greek banks?
Agoraof circa 2 billion euros through a marketed equity offering with HFSF (controlling 95.2 percent... years with a 2 percent step-up after the 5-year period should preference shares have not been redeemed... exercise, due on December 10 for Alpha, December 26 for National and January 2 for Piraeus
12% -
Debt relief or debt restructuring for Greece?
Agorain 2010 Greek sovereign debt was primarily held by German[2], French, Italian, Swiss and Japanese... today reach approximately 380 billion euro and correspond to a debt-to-GDP ratio of 208 percent! 2... and Gulati, Mitu: ‘The Greek Debt Restructuring: An Autopsy’, July 2013. [2] Some inconvenient truths
12% -
Greek banks' capital backstop and the funding gap: An uneasy relationship
Economyreducing capital needs by 2 billion - the clarification on the inclusion of the capital boost... of 2 billion with press reports noting that 1-1.5 billion could be raised by an anchor investor... or other capital enhancement measures over the next 2 or 3 years without using the backstop facility
12% -
Shortcomings in healthcare seen at forefront of austerity impact in Greece
Society, with newly unemployed people aged 29–55 years covered for a maximum of 2 years. Rapidly increasing... of major depression, from 3•3 percent in 2008 to 8•2 percent in 2011, with economic hardship being a major... from 28•2 percent in 2007 to 30.4 percent in 2011, and a growing number receive inadequate nutrition
12% -
Eurobank gears up for crucial but contentious capital increase
EconomyBankingafter the bank announced in mid-November plans to initiate a capital increase of circa 2 billion... of these shares stands at high levels (10 percent with a 2 percentage point step-up every year after 2014... increase north of 2 billion euros, most likely including the cancellation of pre-emptive rights
12% -
Greek Tourism Association sees tourist arrivals rising to 19 mln for 2014
EconomyMacroeconomythis summer will be August 2, when 760 flights carrying 148,675 visitors are scheduled to land in Greece... visits from Russia and Ukraine, which account for 15 and 2 percent of total and contribute 13 and 2
12% -
With prior actions pending, PASOK showing signs of adjustment fatigue
PoliticsGreek PoliticsGreece has to complete 12 “prior actions” to receive the next 2 billion euros of its bailout from.... The first set of prior actions are: 1) adoption of outdoor trade law 2) adoption of investment... the supplementary pension funds of the public sector into the private sector main pension fund (ETEA) 2) adoption
12% -
A breakdown of Tsipras's pledges on economic strategy in Thessaloniki
Economycost of 13.5 billion with its key pillars addressing the humanitarian crisis (2 billion), restoring... is estimated at 2 billion euros. SYRIZA leader stressed that the implementation of those measures... is projected at 2 billion. Ηe also declared that the objective property prices will be (downward
12%