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Cabinet act firms up details of CoCos issuance by Greek banks
Economy) and common shares (25 percent). CoCos are perpetual and qualify as Common Equity Tier 1 (CET1) capital
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Athens ticking off prior actions one by one as EU keeps close watch
PoliticsGreek Politicslitres) to 200 and to 330 euros as of October 1, 2016. Also, the tax rate on farmers’ income is set
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Building permits down 11.4 pct in August for second successive drop
EconomyMacroeconomyto a further drop in house prices by 7.5 percent in 2015, 5 percent in 2016 and 1 percent in 2017
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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
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NBG strengthens capital at deep discount, falls short of initial target
Agora) and Eurobank (52.4 percent) announced earlier this week. The bank will also proceed with a reverse split (1
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Greek stocks edge up in week of big losses for banks
EconomyThe domestic market rebounded by 1 percent this week but the key development was the huge losses posted by the banking sector. Despite the announcement of the successful completion of the bookbuilding process for the international institutional offering for three of the four lenders, bank shares
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New Democracy bewildered by ballot failure as Tsipras solicits consensus
PoliticsGreek PoliticsNew Democracy’s electoral committee is due to meet at 1 p.m. on Monday to decide what action to take next after the party failed to hold its leadership election on Sunday due to software problems. The two options that seem to be open to the conservatives are to quickly find a new way to hold
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Travel receipts fall by 5.4 pct in Sept for first drop in 2015
EconomyMacroeconomyby 1 billion from last year’s figure.
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Apartment prices fall at an accelerating pace of 6.1 pct in Q3
EconomyMacroeconomypercent and 1 percent in 2017. These forecasts were based on the institutions’ summer projections
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Banks reveal new capital structures, ex-bondholders sell shareholdings
Economypercent closing at 0.99 euros slightly below the offer price of 1 euro.
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