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Last round of Greek banks' recapitalisation drastically shifts shareholder structures
Economydisposed its 5.32 percent stake that resulted from the LME via a private placement on December 3. NBG... current price stands slightly above (+1 percent) offer price, while Piraeus’ stock is marginally
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NBG boosts capital base by selling total stake in Finansbank
EconomyBankingis estimated to boost NBG’s Common Equity Tier 1 (CET1) ratio by around 600 basis points (bps). This solely... Finansbank’s tangible book value in NBG financial statements was at around 3 billion. Note though
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Addressing some misconceptions about Greek budget revenues and unpaid taxes
Agora38.4 billion euros in the 11-month period. This means they exceeded their target 1 percent or 393... billion euros, making up just 3 percent of the total amount. On the other side, 80 percent
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Gov't hits back as pension reform row heats up
EconomyProgrammeof the government’s unofficial statement: 1) Any comparison of the new pension levels with those included... to 178 billion euros in 2014 from its 2010 level of 227 billion. 3) The previous pension law explicitly
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Gov't mounts defence of pension plan but lenders' approval may take time
PoliticsGreek Politicspensions would increase by 1 percentage point (from 3 to 4 percent). Government spokeswoman Olga
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Industrial production rises by 1.8 pct in November
EconomyMacroeconomypercent) and water supply (+1 percent). In contrast, mining and quarrying production fell by 1.3... by the European Commission displayed an improvement for the fourth straight month by 3 points to -13.6
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Newsletter 57 - 08/01/2016
. The corporate tax rate was increased by 3 percentage points to 29 percent for 2015 earnings, while... equivalent to 1 percent of GDP is expected to be the most complicated part of the first review
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Newsletter 61 - 05/02/2016
of understanding target for pension cost savings of 1 percent of GDP (1.8 billion) in 2016... involved can be identified through the EU’s willingness to provide 3 billion euros in financial
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Greece seen improving refugee response but still under pressure to deliver in Feb
PoliticsForeign Policy, the key issues for a successful control of refugee flows are: 1. The construction of hot spots 2. Re-launching the programme for migrant returns 3. Intensification of the resettlement program 4
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Gov't offers improved terms to farmers in bid to break deadlock
Economywere: 1) The farmers’ pension fund (OGA) will remain independent for a 5-year transition period... for all insured. 3) Farmers for whom farming is their main job will have the option to choose a lower
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