Search
-
Market value of HFSF's bank holdings plummets by 11 bln in 2014
EconomyBankingcovered by the end of 2014 the funding gap of 12 banks (6 commercial and 6 cooperative banks) under
16% -
Newsletter 30 - 12/06/2015
of June. Since the ELA liquidity buffer for Greek banks has remained stable at 3 billion over the past 6... sector withdrawals, reached around 6 billion over this period. Based on the latest ELA limit of 83..., National and Piraeus can access additional liquidity of 12 billion each, while Eurobank and Alpha’s
16% -
How big is the gap separating Greece and the institutions?
EconomyProgrammethey should be further raised to 6 percent, creating a gap of 270 million in 2015 and 540 million... from zero to 5 percent, whilst the institutions propose a higher rise to 6 percent. This creates a gap... for a special tax of 12 percent on corporates with profits above 500,000 euros is axed creating a gap of 945
16% -
Newsletter 32 - 26/06/2015
percent, a reduced at 13 percent and a super-reduced at 6 percent. The latter currently stands... pensions from 4 to 6 percent and to a similar level for supplementary pensions, where the rate is now... million cut. The Greek government is also proposing a special tax of 12 percent on corporate profits
16% -
Referendum and the ECB to determine the future of Greek banks
Economyforced a bank holiday and capital controls until July 6, one day after the referendum. This means... have disclosed they held an ELA liquidity buffer of more than 38 billion (NBG and Piraeus at 12... percentage points (pp) would leave the ELA liquidity buffer at around 6 billion, while a higher haircut
16% -
Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln
EconomyMacroeconomypercent in July and 9.4 percent in the 7-month to 21.43 billion, around 12 percent or 2.88 billion... FY target of 454 million) 6) Consumption and non-allocated expenditure (at 28.2 percent... with revenues and expenditure at just 6 and 44 million respectively. For the 7-month period, PIB
16% -
Opinion polls indicate fragmentation, close election race
PoliticsGreek Politicsat around 7 and 6 percent respectively 5) PASOK, which announced over the weekend that it will work... percent threshold to enter Parliament 6) In contrast, coalition partner Independent Greeks seems... with one other party – It is likely that at least three parties will be needed 12) The vast majority
16% -
Newsletter 41 - 04/09/2015
decided to pay the whole amount via credit card. While those taxpayers paid off the amount in 6 to 12... for vision they can believe in, Potami remains stuck at around the 6 percent it received in January
16% -
Pending pensions mount up, complicating fiscal effort
Economybillion to 4.54 billion in 2016 from almost 6 billion in 2015. At the same time, the number of pending... of doctors, engineers and lawyers (ETAA). The average time for granting a pension stands at 12... are taken into account. As a result, the current deficit of 3 billion would reach 6 billion including
16% -
Greek stocks drop 2.5 pct for second straight week, banks tumble 5.4 pct
EconomyDevelopment (+1.9 percent). Overall, only 6 stocks of the 25 FTSE/Large Cap constituents recorded gains... percent) and Viohalco (-6 percent). The turnover surpassed the 50-million euro mark on Wednesday... profits of 112.7 million in the third quarter, from just 12 million last year with turnover increasing
16%