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Mitsotakis touts benefits of energy deals against backdrop of criticism
PoliticsGreek Politicsin the 2019 Turkey-Libya maritime pact. Greece disputes the legality of the pact; however, last week Turkey’s
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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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Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead
EconomyMacroeconomyis attributed to the delay in the payment of two property tax (ENFIA) instalment of a total amount... interventions agreed in the context of the last MoU. The total fiscal impact stands at 6.38 billion... a total of almost 4 billion in the 2-year period making up 62.4 percent of the anticipated fiscal impact
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