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Cabinet act firms up details of CoCos issuance by Greek banks
Economy“pari passu” to common shares. They bear an annual coupon of 8 percent for the first 7-year period after
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National Bank reveals capital plan, which includes sale of whole Finansbank stake
EconomyBankingas Common Equity Tier 1 (CET1) capital (“pari passu” with common shares) but they are an expensive
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Newsletter 50 - 06/11/2015
) for the remaining 75 percent. CoCos, which qualify as Common Equity Tier 1 (CET1) capital pari passu
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Greek banks' equity raising could keep official support to a minimum
Economy, and hybrid securities is activated. CoCos, which qualify as Common Equity Tier 1 (CET1) capital “pari passu
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Crisis sees Greeks change eating habits, cut back on eating out
Society, fish, chips and sugary drinks to once a week and lamb and goat to once a month. The study also
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Early IMF repayment next goal for Athens after concluding second post-MoU review
EconomyProgrammecreditors due to the pari passu clause. “Also from the ESM perspective, it would make sense to repay
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Newsletter 202 -12/04/2019
the agreement of all creditors due to the pari passu clause. “Also from the ESM perspective, it would make
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Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
EconomyProgrammethe process on hold. Although the EFSF is a pari passu creditor, the ESM is a preferred creditor, only
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CPI edges up by 0.2 pct in February
EconomyMacroeconomy) passenger transport by air (+11.5 percent) and lamb and goat (+8.6 percent). The three largest
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Govt mulls tighter controls on movement, seeks to boost health supplies and Covid-19 tests
PoliticsGreek Politicsat the village”, Petsas said in his briefing, “we will not roast lamb in the yard, we will not visit churches
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