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Piraeus Bank reveals mitigating actions aimed at reducing size of capital increase
EconomyBankingthat would be approved by the SSM. The list of Piraeus capital actions includes: 1) Two Liability Management Exercises (LMEs) targeting a total capital strengthening of 590 million euros, of which of 365 million relate to senior bonds and 225 million to junior bonds. 2) Increase of Common Equity Tier 1
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Notable increase in grants to social security sector leads to budget primary deficit in Nov
Economyto 1.23 billion in November, grants to hospitals jumped to 388 million in November from a total.... Despite the notable over-performance by 806 million in November, the December total revenue figure... far this year, and also stands almost 1 billion above the monthly target. Salaries and pensions
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Newsletter 60 - 29/01/2016
euros in Q3, household disposable income was down by more than 1 billion from last year. 2 Solutions... in excess of 1 percent anticipated by the institutions. Meanwhile, the positive mood resulting from... rose at an accelerating pace by 1.65 billion in December to reach a total of 13.5 billion for the year
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Newsletter 143
in the northeastern Aegean and the Dodecanese from January 1. Until now, these islands have had a 30 percent discount... percent of the total debt. The stock of gg guarantees fell substantially to 36.16 billion, falling... consumption falling by 1 percent and a 9.3 percent increase in imports. Household consumption dropped
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Eurobank net profits at 34.5 mln in Q1
EconomyBankingnot been serviced for around 5 years, coming to a total of 1 billion which the bank aims to sell..., the decline was -62 million, followed by small businesses (-12 million) and consumer loans (-1 million). The target for NPE stock across the rest of the year is for the total to stand at 15.6 billion
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Newsletter 201 -21/04/2019
Eurogroup nod allows next move Govt aims to pay off some IMF loans early after receiving 1 bln from... measures, worth almost 1 billion euros, after the European Commission deemed that Athens had completed... commitments for end-2018,” and unlocking close to 1 billion euros in funds. exclude any strategic
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Piraeus records loss of 3.09 bln as aggressive NPE reduction carries impairments
EconomyBankingin Q2. Tier 1 ratio was 11.7 pct and 13.2 pct pro forma. The total capital ratio was at 14.4 percent... euros securitisations of Phoenix and Vega in Q2 2021, 7 billion euros of Sunrise 1 in Q3 2021 and 3 billion euros of Sunrise 2 in Q4 this year. The bank says it has now essentially completed the entire
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General government cash surplus widens to 3.68 bln in November, arrears down by 502 mln
EconomyMacroeconomybudget surplus at 1.83 billion, corresponding to almost half of total. Last year state budget had posted... in arrears to SSF and hospitals by 423 million in total. In particular, SSF arrears fell by 273 million MoM to 2.26 billion corresponding to almost half of total arrears. The second highest MoM
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Banks reveal new capital structures, ex-bondholders sell shareholdings
Economynumber of 169.2 million. This corresponds to 11.01 percent of the total compared to 66.25 percent... shares, while bondholders that took shares in the LME hold 32.89 percent of total shares. Before... foreign institutional investors who subscribed in the book building control 58.15 percent of total
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Newsletter 129 - 28/07/2017
in April 2014 for a total amount of 4.03 billion euros at a price of 102.6 percent of nominal value.... Total offers amounted to 6.25 billion from 200 investors, largely dealing in real money, according.... Of the total amount of 3 billion raised from the new bond issue, 1.57 billion stemmed from the debt swap
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