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Greek banks complete book building: A recap of where we stand
Economybillion. Since the offer prices of all book building processes were set way below the minimum price... state aid. The offer price was set at 0.04 euros, reflecting a discount of 34.4 percent on the last... and bond investors. The offer price of the book building process was set at 0.01 euros, which
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Greece drops to 72 in Doing Business index as long-term problems persist
EconomyFeaturesthat in several of the sub indicators, scores have been recalibrated at certain points in the data set... in the first available data set for Greece as of 2006, and stood at 75.3 in the current set. However... performs most poorly in this indicator with a rank of 153. The data set, available from 2005
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Athens welcomes volume, form of Commission's pandemic recovery plan
Economyprofiles. The Commission proposed a set of tools that will address the different aspects of the crisis... line of 240 billion, set a powerful stimulus to tackle the pandemic crisis. Greece is set to receive up... euros, mainly in the form of grants funded via joint debt issuance,” he said. “The bar has been set
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Mitsotakis focuses on economy as SYRIZA concentrates on leadership contest
PoliticsGreek PoliticsMinister Kyriakos Mitsotakis is preparing to set out his economic policy proposals and reform ideas... as part of the ongoing effort to generate confidence in the markets. Mitsotakis is expected to set... is also due to set out his ideas for structural reforms in the are of public healthcare, which he has
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Terms & conditions
No image availableTerms & conditions WEBSITE TERMS & CONDITIONS 1. Description of the Services 1.1 We welcome you... of the following sections (1) Home, (2) Politics, (3) Economy, (4) Society, (5) Statistics, (6) Charts, (7... recently. SUBSCRIPTION SERVICE TERMS & CONDITIONS 1. Description of the services 1.1. We welcome you
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Eurogroup clears next bailout tranches for Greece, sets new goals
EconomyProgrammeamounting to 1 billion each are linked to the implementation of milestones agreed between the Greek... of 2.9 billion in 2013, Greece will allocate 1 billion to reduce the country’s debt, 1 billion... involves one-off handouts to 1 million Greeks with low incomes and a temporary boost for members
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Better contribution collection for Greek pension funds but 5.1-bln shortfall looms
Economyunpaid pensions, 1 billion from lump-sums and 450 million from unpaid supplementary pensions. POPOPK... of unemployed surging by 1 million to 1.34 million in Q1 2014 from 364 thousand in Q3 2008. b) 3 billion... actions demanded by the eurozone for the disbursement of the next two bailout sub-tranches of 1 billion
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A breakdown of Greece’s revised financing needs as part of its new ESM programme
EconomyProgrammein the August 2015 – 2018 period. This amount incorporates: 1) Amortisation on the Eurosystem ANFA... payments Interest payments are calculated at 16.6 billion and mainly relate to: 1) Eurosystem ANFA... (1.8 billion). 5) Greek Loan Facility (GLF) loan (1 billion). 6) New European Stability Mechanism (ESM
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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... and 78 million to Tier 1 securities. Bondholders are offered the option for a share exchange at 100 percent of nominal value for senior notes, at 80 percent for Tier 2 and at 50 percent for Tier 1
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Multi-bill tabled as Greece aims to take last step to completion of review
EconomyProgramme’s key provisions relate to the parametric fiscal measures yielding 1 percent of GDP... as of June 1 with estimated annual revenues of 437 million and a rise in the excise tax on cigarettes... of the public sector attrition rule from 1 hiring for 5 departures in 2016 to 1:4 in 2017 and to 1:3
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