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Car sales down by 13.8 pct in Oct for the second fall this year
EconomyMacroeconomyrespectively. In addition, there were five monthly readings above the 10,000 mark year to date, all of them... was interrupted last July due to the capital controls and again in October amid rumors for higher road tax... customers amid fears for Grexit or imposition of capital controls and deposit haircut. The latter explains
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Car sales resume double-digit growth rate in Oct with 15.2 pct rise
EconomyMacroeconomythe 100,000 mark and landing at 106,680. This means there an additional 23,000 cars have been sold... period. In particular, the first negative rate in July was largely due to the imposition of capital... fuelled by increased interest from customers amid fears for Grexit or imposition of capital controls
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Strong rebound of 7.7 pct in week for Greek stocks with jump in trading activity
Economy. The General Index of the Athens Stock Exchange surpassed the 600-point mark on Wednesday for the first... the imposition of capital controls, which were amplified during their recapitalisation process. Three.... Corporate news S&P revised in rating on NBG to ‘SD’ from ‘D’ on completed capital increase. ECB lowered
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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingof a cooperative bank. For the whole year, expenses (excluding one-off items) fell below the 1-billion mark... strongly rebounded by 29.4 percent from the Q3 low, which largely reflected the impact of capital... the capital raising in November, the bank’s phased-in Common Equity Tier 1 (CET1) ratio increased to 17
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Greek stocks fall 3.7 pct during week on inconclusive discussions with lenders
Economybe called next week or the week after. After a short-lived rise above the 600-point mark last Friday... Exchanges announced that Wellington Management Group reduced its stake in the company’s share capital... of state capital and liquidity support programme initiated back in 2008. Hellenic Telecom (OTE) kicks off
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Greek stocks fall 1.5 pct, banks underperform for third straight week
Economythe 50-million mark at 34 million this week, broadly stable from last week. Corporate news Piraeus Bank... raised Greek banks’ rating. with a stable outlook. in the wake of capital controls relaxation. However... consideration for the transaction stood at 324.7 million and is expected to be capital accretive
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NBG raises 300 mln from SME loan securitisation in first such Greek transaction since 2007
EconomyBanking. The current figure is below the 6-billion-euro mark. According to figures provided in the Q1 results, NBG’s... Investment (EFSI) and the EBRD to provide working capital for Greek SMEs as well as new lending... to be capital accretive improving Eurobank’s first quarter pro-forms Common Equity Tier 1 (CET1) ratio by 27
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Current account surplus falls to 1.4 bln in July
EconomyMacroeconomybillion (-7.2 percent) leading goods’ deficit below the 10-billion-euro mark to 9.56 billion from... surplus is mostly due to lower net transport receipts mainly attributed to capital controls. In addition... million in July, mostly due to an outflow of 100 million related to OPAP participation in the capital
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Stocks drop 1.3 pct during week with light trading volumes
Economy). The daily turnover slightly surpassed the 40-million mark in the first two sessions of the week and remained... Extraordinary General Meeting (EGM) on January 9 approved the distribution of a capital return of 0.05 euros per share, which implies a yield of 1.8 percent. The ex-capital return date was set on March 20
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Stocks fall for second straight week amid soft volumes
Economypercent). The daily turnover stayed well below the 30-million-euro mark in the first four sessions... to that company, the reduction of PPC share capital and a capital return in kind to its shareholders
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