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Greek debt: A case of learned helplessness?
Agora-free. Another 10 billion euros were earmarked should Greece’s banks need any capital injections... billion euros of the estimated capital needs resulting from the deterioration of the loan portfolio. When the troika came to Greece it described a resilient banking system with good capital adequacy
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Greek economic contraction during crisis higher at 24.6 pct, revised data shows
EconomyMacroeconomy(+1.25 billion). Both are now recorded as gross fixed capital formation. b) A positive effect... for the capital stock and the consumption of fixed capital, calculation of expenditure for new dwellings... capital formation was revised to a mid-single digit figure (-4.6 percent) from a double-digit number
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The government decisions that could shape the future of Greek banks
Economyonly on resolutions related to increase or decrease of share capital, merger, split-up or winding up... capital loss of 18 billion on the initial investment of 25 billion in June 2013. Greek bank shares... banking system relates to the HFSF capital buffer of 10.9 billion in the form of EFSF bonds. Those
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Why Greece is asking for 1.2 bln back from the EFSF
Agora. HFSF share capital stands at 49.7 billion euros, of which 1.5 billion was initially injected... future capital needs and return the remaining amount to the EFSF. Earlier this week the Greek government... the 40 billion euros from the 49.7 billion HFSF share capital, we get 9.7 billion that should be left
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Between Scylla and Charybdis
Agorasince last Friday. The imposition of capital controls, the closure of banks and the generally restricted movement of capital. Having already established that Greece’s lenders have the upper hand... for a new package with Tsipras’s government, the capital controls will remain in place – they will actually
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For Greek banks, it's business as unusual
Agora- although domestic and external capital controls - continue, it is appropriate to take stock... citizens and businesses to return parts of that capital flight back to bank coffers. * In the meantime, non... months. * The closure of Greek banks and the introduction of capital controls have contributed
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Newsletter 36 - 24/07/2015
the key message in Tsakalotos’ statement to parliament. The capital needs of Greek banks will Until bank... of capital controls since June 29, 2) the banks’ financial results for the second quarter of 2015, 3... on July 17, the transaction is marginally capital accretive for Eurobank and capital neutral
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If it's debt restructuring you're looking for, Regling's not your man
Agora. In contrast the ESM is an intergovernmental organization with subscribed capital of 700 billion euros, actual paid in capital of 80 billion euros and a current lending capacity of 500 billion euros... thanks to its strong capital base and the backing of highly rated eurozone countries, in the event
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Greek stocks up by 1.3 pct this week on banks’ 12.4 pct rebound
Economy2.7 percent, led by a sharp rise of bank shares by 13.9 percent amid rumors that capital needs would... reopened after the imposition of capital controls, it has recorded losses of 14 percent. Banks... and subordinated debt as well as lower Tier I securities. The bank aims to boost its capital base
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NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
EconomyBankingattributed to the bank holiday and the imposition of capital controls as well as increased fee expense... deferred tax credit (DTC) of 510 million, while the goodwill impairment did not affect capital. The key challenge for NBG in the short term is the coverage of its capital needs of 1.58 billion under
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