Search
-
More than a fifth of Greeks materially deprived, survey finds
Societyin making ends meet with their total monthly income. Just over a quarter (27.4 percent) of the total... households. And, apart from home loans, just over half (51.8 percent) of the total households stated
7% -
Outflows ease to 1.5 bln in July but deposits reach lowest level since May 2003
EconomyMacroeconomy, the aggregate figures for the 8-month period that started last December displayed total outflows... billion), in February (7.63 billion) and in June (7.58 billion). Total deposits - which also include... since November 2003. The negative flow of total deposits reflects private sector and other euro area
7% -
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.
7% -
Greek bank recapitalisation: The story so far and what lies ahead
Economyinto the systemic banks, the resolution cost of non-core banks reached a total of 15 billion, with the bulk related to ATEbank (7.5 billion) and TT Hellenic Postbank (4.2 billion). Thus, of the total financial... with capital increases of 8.3 billion in total, with the cancellation of HFSF pre-emption rights fully
7% -
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
7% -
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
7% -
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
7% -
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
7% -
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
7% -
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
7%