Search
-
Early IMF repayment next goal for Athens after concluding second post-MoU review
EconomyProgrammecreditors due to the pari passu clause. “Also from the ESM perspective, it would make sense to repay..., it is reasonable to aim to repay this ahead of time, especially as Greece holds close to 30 billion
30% -
Newsletter 202 -12/04/2019
perspective, it is reasonable to aim to repay this ahead of time, especially as Greece holds close to 30... the agreement of all creditors due to the pari passu clause. “Also from the ESM perspective, it would make sense to repay that because it would strengthen Greece’s debt sustainability,” he said. “Of course
30% -
Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
EconomyProgrammeintent earlier this year to repay some IMF loans ahead of time. But political developments that led.... The last payment of 300 million is due in 2024. The Greek authorities plan to repay 2.9 billion euros... the process on hold. Although the EFSF is a pari passu creditor, the ESM is a preferred creditor, only
30% -
Italian support over Libya buoys Athens as it looks to build broad East Med alliance
PoliticsForeign PolicyJurisdictions Memorandum that Turkey signed last November with the UN-backed government in Libya... signed by Libya and Turkey on the delimitation of the continental shelf is unacceptable, infringes... on the issue of Libya. Government spokesman Stelios Petsas confirmed on Tuesday press reports that Greece
29% -
Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf
PoliticsForeign Policyon the memorandum signed with the UN-recognised government in Libya’s Tripoli (GNA). Athens has also asked from... that Ankara has demarcated from its shores to the point where its sea borders meet Libya, based... Ankara for the sake of either the EU-Turkey deal on migration, or developments related to Libya
29% -
FM rallies opposition to Turkey-Libya deal as Athens prepares for EastMed signing
PoliticsForeign Policyfrom Ankara’s side, especially following the signing of two memoranda with Libya. In this context... announcement said that talks centred on the situation in Libya and prospects of ending the civil
27% -
Greece, Turkey launch new round of talks as Libya sea deal casts shadow
PoliticsForeign PolicyForeign Minister Nikos Dendias is due in Brussels on Monday to attend the General Affairs Council which will focus, among other things, on the ongoing developments in Libya. According to media... in Libya on November 29, 2019. The inclusion of the memorandum’s sea zone maps in the UN's database
27% -
Cabinet act firms up details of CoCos issuance by Greek banks
Economyin the next few weeks. The bank may decide to repay in cash part or the whole CoCos amount at any time... “pari passu” to common shares. They bear an annual coupon of 8 percent for the first 7-year period after
27% -
Greek banks' equity raising could keep official support to a minimum
Economyclarified that a part of the proceeds from the Finasbank sale will be used to repay CoCos right after..., and hybrid securities is activated. CoCos, which qualify as Common Equity Tier 1 (CET1) capital “pari passu
27% -
Greece aligns with EU on Israel-Iran conflict, keeps close watch on Turkey as Ankara submits maritime plans
PoliticsForeign Policy-Libya memorandum, which provoked tension with Greece. Athens reacted to the publication of Turkey’s MSP... this Tuesday in an extraordinary meeting of his EU counterparts called by EU top diplomat Kaja
26%