Search
-
Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates
EconomyMacroeconomyGDP was gross capital formation plummeting 11.6 percent in the nine-month period with a broadly... 22.3 percent compared to 2007, mainly due to a slump in gross fixed capital formation by 64.6
3% -
Unemployment closes 2013 with new high of 27.5 pct in last quarter
EconomyMacroeconomystress tests, which revealed capital needs for Greek banks at 6.38 billion. The adverse macroeconomic scenario, showing capital needs at 9.42 billion, incorporated a marginal drop in the headline figure
3% -
Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year
EconomyMacroeconomyfixed capital formation was another factor negatively affecting GDP evolution. It plummeted 12.8... to 2007, mainly due to a slump in gross fixed capital formation by 64.4 percent and a 23.7 percent
3% -
Eurogroup clears next bailout tranches for Greece, sets new goals
EconomyProgrammeof the capital increases of Alpha and Piraeus banks (1.2 and 1.75 billion respectively) conducted last week... expect that the remaining two core banks (Eurobank and National) will raise their capital needs
3% -
European Commission review of Greek programme: The key points
EconomyProgrammecompletion of capital increases amounting to 1.2 and 1.75 billion respectively. Thus financing needs... appropriate, and in any case after the completion of its own capital increase of 2.5 billion due in May
3% -
Greece's C/A deficit for March drops sharply to 44.4 mln
EconomyMacroeconomyof the parent company Crystal Almond in Wind Hellas’s capital increase. As a result, the YtD direct... in the capital increases at Alpha and Piraeus bank in late March. Reserve assets amounted to 5.46 billion
3% -
Fitch upgrades Greek credit rating to B with stable outlook
EconomyMacroeconomy) capital buffer of 11.4 billion. In addition, the rating agency says that Greece regaining some market... market flexibility. On Greek banks, Fitch notes their capital ratios compare favorably internationally
3% -
Significant post-election economic challenges await Greek coalition
Economy. The recent successful recapitalization of Greek banks eliminated previous capital concerns and could... of private and public consumption to -1.8 percent each, while gross fixed capital formation
3% -
Eurobank records net loss of 207.4 mln in Q1
EconomyBankingstood at 2 billion euros at the end of Q1, was eliminated within Q2. Following the capital increase... capital actions of 380 million that have been approved by the Bank of Greece. The equity raising
3% -
Eurostat 2012 figures raise questions about Greece's tax policy
Economyfor the euroarea countries. Capital taxes account for 21.8 percent of tax revenues in Greece similar... in 2012 with labour taxes’ share increasing by 5.4 percentage points (pps), whilst consumption and capital
3%