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  1. Piraeus Bank reports loss of 247 mln for Q1
    Photo by MacroPolis

    EconomyBanking

    and the purchase of state preference shares (related to pillar bonds) worth 750 million on May 21, the pro-forma

    8%
  2. S&P upgrades Greece one notch to B, sees growth in 2015

    Economy

    pillar I bonds, inter-government lending and – more marginally – through privatization. S&P

    8%
  3. ECB tests find negligible capital shortfalls at Greek banks
    Photo by MacroPolis

    Economy

    . The second pillar is a stress test conducted in cooperation with the European Banking Authority (EBA

    8%
  4. Greek banks' Eurosystem funding rises by 1.28 bln in October after five-month fall

    EconomyMacroeconomy

    with inflows of just 0.67 billion by the end of September. State-guaranteed (pillar II) bank bonds

    8%
  5. How SYRIZA says it will fund its economic policies
    Photo by MacroPolis

    Economy

    pillar, 3 billion to employment and 1.86 billion to humanitarian crisis. SYRIZA claims

    8%
  6. General gov't primary surplus shrinks to 419 mln in January

    EconomyMacroeconomy

    with extended deposit outflows of 12.8 billion in January and utilisation of additional pillar II state

    8%
  7. How does ECB's decision on Greek banks' T-Bill exposure affect state liquidity?
    Photo by Kiefer via Flickr https://flic.kr/p/q2j8Dt

    Economy

    essentially relates to a 10 percent annual dividend on Greek banks’ state preference shares (pillar I

    8%
  8. Tsipras eyes movement on EEZ after second Greece, Cyprus and Egypt pact
    Photo by MacroPolis

    PoliticsForeign Policy

    -terrorism and defence issues. Tsipras described the agreement as a step towards strengthening a “pillar

    8%
  9. Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April

    Economy

    and utilisation for liquidity purposes of pillar II bonds. The second non-budgeted item is the revenues

    8%
  10. Newsletter 31 - 19/06/2015

    Newsletters

    for the part of their funding collaterals (bank bonds) that are issued using pillar II guarantees. From

    8%