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What the ECB's latest decision on ELA and collateral haircuts means for Greek banks
Economyof total ELA-eligible collaterals, at 45 and 30 percent of total respectively. Taking into account the breakdown of total collateral by type, the collateral poll is almost equally split between state..., the total figure stands at 115 billion. Assuming an average haircut of 40 percent, the nominal
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Business landscape dominated by SMEs, six in 10 workers earn below 1,200 euros
EconomyMacroeconomyof companies employing between 1-10 employees, with 267,245 companies out of a total of 304,568 registered companies in 2025. The total number of companies increased in 2025 by 3,454. Another 10.4 pct... 15 pct of the total. Another 11 pct of total employees is employed by firms with 5-9 workers. Some
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Where Greek banks stand ahead of capital needs disclosure
Economyof the Blackrock loan diagnostic and their individual capital needs. Reports indicate that the total... the rounds in the last few months. Same reports point to higher capital shortfalls for Eurobank and National... in their business plans until 2017. The capital needs will reportedly be based on the baseline (rather than
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OECD advocates closer look at health and capital quality of Greek banks
EconomyBankingwill bring in reducing NPEs by 30 billion euros, 40 pct of the total, by using 12 billion euros... come about in the Greek financial sector. Deposits have increased by 21 pct since 2017, capital... provisions for the stock of bad loans, the return on assets is improving. Capital ratios are also above
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Piraeus Bank raises 1.38 bln in share capital increase
EconomyBankingcombined, the bank said last month that the total capital benefit would be as much as 2.6 billion euros...Piraeus Bank completed its 1.38 billion euros share capital increase, pricing its new shares...”. The capital increase is a central plank of Piraeus Bank’s balance sheet clean-up plan, which includes a raft
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A return to capital markets for Greek banks but no return to domestic lending
Agoraof the total loan portfolio now surpasses 38 percent. This requires an ever increasing level of loan impairment... of foreign investors' interest for bond placements and capital-raising initiatives. First, Piraeus Bank... international capital markets in 2009. In a second move both Alpha Bank, Greece’s fourth-largest lender
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Newsletter 220 -20/09/2019
the consortium, which were held in good faith and cooperation, as the company stresses. Out of the total capital... at 45.4 percent of total loans, down from 47.2 percent. After coming to power in July, New... in European Central Bank (ECB) funding, bringing the total to 8.21 billion euros, while Emergency
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Chasing investment, the Greek dream
Agoradominates gross fixed capital formation having jumped from 33 percent of the total to 52 percent... period, total spending on investments increased again to a peak in 2007 that exceeded 17 billion... of construction represented 70 percent of total spending. This was dominated by house building, which ranged
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Newsletter 53 - 27/11/2015
institutional book buildings, raising a total amount of 5 billion euros and boosting their capital base... that Alpha and Eurobank will have covered their total capital shortfall, while NBG and Piraeus will have to seek state aid worth 5.7 billion in total. Despite the successful outcome of the capital
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Where did all the money go?
AgoraThe total amount of loans the eurozone and the International Monetary Fund supplied to Greece... total stands at 31.9 billions (18 percent of GDP). These are staggering figures: No other nation has..., provided a total of 24 billion euros of own financing. There seems to be a general misconception
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