Search
-
Newsletter 45 - 02/10/2015
indicate that it may be split in two subtranches of 2 and 1 billion, respectively, meaning that two... Sentiment in September saw the biggest rise in 13 years. 2 Not a winter for ineptness Country must... and the European Commission will propose spending another 100 million euros before the end of the year
26% -
Greece fell two places to 60th in Doing Business ranking, World Bank says
EconomyGreece’s position in ‘Ease of doing business’ ranking deteriorated by 2 spots, World Bank 2016.... A DTF score of 0 represents the worst performance and 100 the frontier. Last year’s data and ranking... in Paying Taxes (66th) and by 2 spots in Resolving Insolvency (54th). In the ten topics measured
26% -
Eurobank makes 877 mln bond exchange offer to cover part of its capital shortfall
EconomyBankingbank bonds. The offer relates to 532 million senior bonds, 267 million Tier 2 securities and 78..., Eurobank’s LME does not include a cash consideration option, but only a share exchange at 100 percent of nominal value for senior securities, at 80 percent for Tier 2 and at 50 percent for Tier 1
26% -
The key points in Greece's new bank recap bill
Economyof Greece (BoG) following the submission of an updated restructuring plan. 2) The updated... to boost capital by 100 percent if capital needs are not fully covered. 3) In case the said capital... is allocated among preference shares and other Core Tier 1 (CET1) instruments, Tier 1 instruments, Tier 2
26% -
Greece gets tranche and looks ahead to next tasks, including pensions and NPLs
EconomyProgramme-tranche of 2 billion euros to Greece after the completion of the first set of milestones as well... in excess of 100 billion euros, with a rising trend. The new measures would involve amendments... of competition and prospects for investment. 2) Design of the New Organisation of Markets in Electricity (NOME
26% -
Clock ticks on bailout review but big gaps remain between Greece, lenders
EconomyProgrammeunconstitutional the pension cuts imposed in 2012. This is estimated up to 2 percent of GDP or 3.7 billion... Lottery Terminals (VLTs) with targeted revenues at 100 million. However, the VLT launch has been... main and supplementary pensions as well as lump-sums. The hidden fiscal gap is estimated in excess of 2
26% -
Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
EconomyProgrammesometime in the next few months. 2) Tax rate of 30 percent on OPAP Video Lottery Terminals (VLTs), with targeted revenues at 100 million. But the VLT launch has been delayed and it is not yet known when... the pension cuts imposed in 2012. This is estimated up to 2 percent of GDP or 3.7 billion euros
26% -
Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBanking. In the course of 2015, the number of branches has been reduced by 100 to 856, while the headcount has... for cost of risk south of 2 percent in 2016 and below 1 percent in 2017-18. The overall stock... of risk below 2 percent and flattening out NPL formation. The single most important driver for PPI
26% -
Minor changes in Greek deposit and lending interest rates in May
EconomyMacroeconomythey fell by by 2 basis points (bps) to 0.85 percent from 0.87 percent in April, Bank of Greece (BoG... deposit rate has dropped by 17 bps year to date and overall by around 100 bps over the past 12 months... with a similar decrease in the overnight rate led the weighted average rate on total new deposits down by 2
26% -
Newsletter 81 - 08/07/2016
deposit rate eases Greek households’ new time deposit rate fell by 2 basis points to 0.85 percent in May... has dropped by 17 bps in the year to date and by around 100 bps over the past 12 months. Corporate.... The headline figure is the lowest since Greece entered the eurozone in 2002. 2 Privatisations can be win-win
26%