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Value of HFSF participation in Greek banks falls to 17 billion
EconomyBankingcorresponding to only 1.8 percent of the total amount. Although initial press reports had indicated... of 859 million was recorded due to the drop in the valuation of bank warrants. The highest negative
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Overdue social security debt at 31.87 bln in Q1, debtors at 1.2 mln
EconomyMacroeconomyeuros (10.6 percent of the total). Overall, 839,891 debtors fall into this category, an increase... euros each for an aggregate amount of 2.98 billion (9.3 percent of the total). The number of debtors in this bracket rose by 1,534 to 136,888. Over one fifth of the total debt (21.7 percent) is owed
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Newsletter 156 -23/03/2018
mln in Jan Total amount of legacy and new debt falls to under 1 billion euros The headline figure... figure of 1.26 billion. More than 90 percent of the month’s total (693 million) stems from tax categories. The remainder is related to the four key taxes. The total number of tax debtors rose in January
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New asylum law comes up against old failings
Agora. It outstrips the figure for the Netherlands, where 30,380 applications were received in total last year... returned a total of 14,880 third country nationals to their homelands. Of these, 2,650 were forced returns. By contrast, Greece had around 12,500 returns in total, according to Eurostat. Just under 5,000
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Newsletter 196 -01/03/2019
of the three (out of a total of 16 reforms) with which the European Commission is not yet satisfied... level of ambition” in tackling state arrears, noting that the effort to bring total arrears down close... index came to 1.5 percent. Credit contraction at 1.1 pct in Jan Outstanding balance decreases
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Outsider Kasselakis on track to lead SYRIZA after securing key backers
PoliticsGreek PoliticsAchtsioglou who only managed 36.18 percent in the final count. A total 148,821 party members cast.... Libya debacle The government, meanwhile, is facing criticism over its handling of the deaths of five members of a Greek humanitarian rescue mission in Libya under unclear circumstances. The victims
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Eurobank makes 877 mln bond exchange offer to cover part of its capital shortfall
EconomyBanking) involving a voluntary exchange offer for a total nominal value of 877 million euros in outstanding... on October 15 for a total outstanding nominal amount of 593 million bank bonds. If all bondholders... of November. According to Reuters, total capital needs are seen at around 14 billion, while the amount
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Newsletter 155 -16/03/2018
percent. Eurosystem funding drops by 4.58 bln in Jan Banknotes in circulation fall after rising... for the month showed that ELA funding made up around 59.9 percent of the total liquidity. The BoG figures also revealed that banknotes in circulation fell by 1.31 billion to 34.56 billion, the lowest total
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Greek banks brace for recapitalisation, with Piraeus initiating a bond swap offer
EconomyBankingto be covered, according to market sources. However, it remains unclear whether the total capital shortfall would be almost evenly split among the four core banks. This means that even though the total... exchange or by 585 million for the share exchange. The exchange offer runs from October 15 until
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Final structure of bank recap taking shape, cautious optimism for outcome
Economy, and the total contribution and amount per bank should be broadly compatible with their business plans... one week before the announcement of capital needs, market sources are pointing to a total figure... capital by up to 585 million under the best-case scenario of full participation in the offer via
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