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Greek stocks edge up, with banks rising for third straight week
Economy, the restrictions on domestic investors imposed due to capital controls remain intact. The average daily... a dividend yield of 2.2 percent, on Friday. The BoD of Folli-Follie Group set the ex-date for the capital return of 0.30 euros per share on September 22. The capital return implies a yield of 1.5 percent
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S&P affirms Greek ratings at 'CCC+/C' with stable outlook
Economypercent in 2017 and 2018. The key negative risk factor relates to the imposition of capital controls... ESM programme. S&P anticipates capital controls will not be lifted until the completion of the banking system’s capital requirements seen late this year or in early 2016. Overall, the rating agency
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Greek stock market unmoved by election result, edges down 3.2 pct over week
Economypoints on the last session, extending its losses in the post-capital controls period to 15.3... indicating their capital needs would be higher than initially anticipated. Since the beginning of August... very adverse economic environment. Folli-Follie share traded ex-capital return of 0.30 euros per share
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Greek stocks down 5.1 pct over week as investors remain cautious
Economytime, investors appear extremely concerned about banks’ capital needs and recapitalisation process... in the previous week, indicating the weakest activity in the post capital controls period. All trading... Organisation (OTE) rating at Caa2 with a stable outlook. The Hellenic Capital Market Commission (HCMC
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Piraeus Q3 trading update shows significant acceleration in NPL formation
EconomyBankingbond swap offer, with the bank aiming to strengthen its capital base by up to 585 million in case all... in the aftermath of capital controls. On a positive note, the bank said the interbank repo activity... they will be announced shortly after the release of their capital needs by the Single Supervisory
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Credit contraction slows to 1.5 pct in Sept on marked drop in corporate loan deductions
EconomyMacroeconomyprogramme was fuelled by the imposition of capital controls in late June, leading to a recession in 2015... Single Supervisory Mechanism (SSM) will announce Greek banks’ capital needs on October 31, while capital increases will follow. A successful completion of the bank recapitalisation process coupled
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Coalition in rush to wrap up pending bailout issues
EconomyProgrammein a segregated account in Luxemburg. Greek banks are starting the book building process to raise capital from private investors but at least two banks are expected to seek official capital support to cover their capital shortfall under the adverse stress test scenario. New prior actions According
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Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015
EconomyMacroeconomybanking system due to the capital controls. Excluding oil and ships, exports of goods rose by 4.6...’ surplus by 6.9 percent in 2015 is attributed to lower net transport receipts amid capital controls... mainly reflecting an inflow of 350 million related to Fairfax’s participation in Eurobank capital
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NBG records loss of 2.05 bln in Q4 on one-offs and jump in credit risk provisions
EconomyBankingQoQ to 103 million in Q4 from a low of 87 million in Q3 amid capital controls. Operating expenses... of 99 percent in Q2. Following the capital raising in November and the disposal of Finansbank..., it anticipates 2016 would be a capital accretive year for NBG largely on sharp reduction in provisions coupled
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Greek stocks jump 2.8 pct during week on improved market sentiment
Economythe conclusion of the sale of its banking operations in FYROM to the Swiss Silk Road Capital. According to the bank, the transaction is capital neutral and is part of its restructuring plan. Alpha also said that Blackrock stake in its share capital fell below 5 percent. MSCI announced on Thursday evening
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