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Greece shelves water privatisation plans, leaving gap in revenue targets
Economyshare in EYDAP share capital was resumed on June 23 at 27.3 percent from 61.3 percent before... (AGM) of Thessaloniki Water Supply and Sewerage (EYATH) held on June 30. During the AGM, HRADF..., the “Greek privatisation program looks to exceed targets by year-end, a credit positive
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Greek banks in intensive care: What lies ahead?
Agorabillion, which is equal to the banks’ equity. Note though that deferred tax credit (DTC)-eligible deferred..., uninsured deposits amounted to 33.8 billion euros at the end of June 2014 corresponding to around 21.... It is apparent that since total deposits have dropped by 43 billion since June 2014 a much higher
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Greek bank recapitalisation: The story so far and what lies ahead
Economy. Those needs mainly resulted from PSI and credit losses following a diagnostic study, conducted... at the end of June 2014. The sharp drop of bank share prices in the last weeks of 2014... at the end of June 2015. Following the imposition of capital controls on 29 June, the banking index
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Management of NPLs to test gov't in negotiations with lenders
Economyfor the establishment as an independent authority by the end of June 2016 of a credit and wealth bureau... percent in June from 39.9 percent at the end of 2014. Consumer NPE ratio stood at 53.3 percent in June
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Newsletter 76 - 03/06/2016
. The government hopes the successful conclusion of the review on June 13 will unlock the disbursement... the disbursement of the 7.5 billion on June 13. Stability Mechanism (ESM) decision on the tranche disbursement... the next scheduled ECB governing council meeting on June 22, according to sources familiar with the matter
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ECB reinstates waiver in first step towards improving liquidity conditions for Greek banks
EconomyBankingwill enter into force as of June 29. The ECB noted that its decision takes into consideration the approval... credit rating threshold with regards to the eligibility of collateral for funding purposes...) due to be conducted from June until March 2017 in quarterly intervals. Each of these operations has
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Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBankingin the NPL formation with consumer credit at -82 million, housing loans at -58 million and corporate... to 26.8 billion at the end of June and further by another 1.8 billion to 25 million by mid-August... in June and further to 5.3 billion in mid-August while the respective funding cost has matched
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Institutions prepare for Athens return, completion of fourth review
EconomyProgrammesurveillance, can be reached at the June 21 Eurogroup. “On debt, further preparatory work is needed... to reach by our meeting on June 21,” said Moscovici. He did not dwell on any of the differing views... before June 21 as Germany’s view is not shared by everyone on the creditors’ side
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Exclusion from QE confirmed, only ECB's reinvestment programme left
EconomyProgrammebillion until the end of the year when net purchases are expected to end. The ECB as of June 2018 has... that Greece should pursue a precautionary credit line which would secure the waiver and would allow... the lowest dependency on Eurosystem funding since the crisis started in 2010. The June figures stand
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Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
EconomyBankingwith targets, the parent NPE stock is anticipated to fall by 8 billion between June 2018 and December 2019... and credit cards, small business loans and leasing exposures. The second, dubbed Project Nemo... million in June, and was eliminated completely by July 12, 2018. Interbank repos came to 3.3
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