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Another week of losses for Greek stock market amid topsy-turvy ride
Economy. As a result, the cumulative losses in the post-election period were further extended close to 8 percent... yield of 1 percent) for the first time in the past four years. The ex-date was set on June 24
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Industry turnover down by 2.3 pct in April for sixth straight fall
Economy) for the non-eurozone countries and an 8 percent increase for the euro area countries. The respective...) and consumer durables (+1 percent). As in previous months, the performance of specific sectors displayed
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Greek government commits to new fiscal measures for third bailout
EconomyMacroeconomyfor 2016-19. Among others, the latter will include: 1) The second phase of pension reforms 2) Reform... below 12,000 euros and from 33 to 35 percent for higher income. 8) Gradual abolition of the preferential
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July trade deficit lands at 715 mln as imports post biggest drop on record
EconomyMacroeconomyfell at a slower pace by 8 percent. The rate of drop in trade deficit is the biggest since 2005... the EU rose by a mere 1 percent, while those from non-EU countries declined by 20 percent. Similarly
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Assessing the health of Greek banks' loan portfolios
EconomyBankingclimbed by 33.1 billion euros over the end-2009 figure of 8 billion. At the same time, loan write... around 1 billion higher than the lowest reading of 775 million posted in 2013. Over the past 7.5
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Loose ends to tie up on prior actions as lenders head back to Athens
PoliticsGreek Politicswill lead to the disbursement of another 1 billion euros in loans and allow the first programme review... 18 percent and Adonis Georgiadis 8 percent. A survey by MRB for Real News weekly sees Meimarakis
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Greece fell two places to 60th in Doing Business ranking, World Bank says
Economyslipped 1 place to 132nd. In registering property it remained unchanged in 144th spot. Getting Credit (79th) is the area where Greece’s position has fallen the most. It declined 8 spots from last year’s
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Cabinet act firms up details of CoCos issuance by Greek banks
Economy) and common shares (25 percent). CoCos are perpetual and qualify as Common Equity Tier 1 (CET1) capital “pari passu” to common shares. They bear an annual coupon of 8 percent for the first 7-year period after
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NBG strengthens capital at deep discount, falls short of initial target
Agora, with an annual coupon of 8 percent (interest expense of 162 million) and 677 million euros in common shares. NBG...) and Eurobank (52.4 percent) announced earlier this week. The bank will also proceed with a reverse split (1
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BoG report highlights need for programme implementation, political consensus
Economyinvolve: 1) Addressing the issue of NPLs that would ease the burden on cooperative borrowers and enable... Greece’s investment to GDP ratio and the euro area average 8) Maximising the value of state real estate
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