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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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Greece to recover at least 30 of 50 bln it borrowed to bail out banks, says HFSF chief
EconomyBankingof our mission,” she said. Sakellariou also confirmed that the troika had opposed the National-Eurobank... favoured the deal. She dismissed criticism relating to the price of Eurobank’s last capital increase... the Eurobank shares last year. Sakellariou said the fund’s primary mission was to deal with banks’ negative
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Newsletter 1 31/10/2014
of a stake Eurobank was the only Greek bank seen needing any additional capital and even in this case... surplus (2 billion euros) under the dynamic adverse model. Eurobank’s minimal shortfall of 18 million... (37.6 and 42.8 percent respectively) and Eurobank (34.1 and 36.3 percent respectively. NBG showed
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DTA may spell new trouble for Greek banks
Agoraranging from a low of 35.9 percent for Alpha to a high of 53.8 percent for Eurobank. The comparison with the tangible equity (TE) - which also excludes preference shares of 950 million for Eurobank... of TE. Alpha enjoys the lowest ratio at 37.1 percent, with Eurobank at the high end at 71.6 percent
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Greek banks' equity raising could keep official support to a minimum
Economysplit among the four systemic banks. The first tier includes Alpha and Eurobank, with capital needs.... Eurobank The bank announced on October 29 a voluntary exchange offer for a total of 877 million... securities. We understand that Eurobank could strengthen its capital base by up to 790 million if all
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