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Budget primary deficit at 1.47 bln euros in Jan, revenue shortfall hits 812 mln

Mon, 15 Feb 2021 12:44:00 GMT

billion euros. Net revenues came to 3.85 billion euros, below target by 812 million euros... a deficit of 782 million euros for the month.

Eurobank: From nationalisation to re-privatisation

Tue, 06 May 2014 07:32:00 GMT

Few people noticed in July 2012 that a press release published by Eurobank concerning the intention..., which controlled 44.7 percent of Eurobank shares at that time, intended to transfer 43.55 percent... 4.4 percent of Eurobank shares, while the EFG Group would retain 1.15 percent. Following

Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln

Tue, 25 Oct 2016 07:39:00 GMT

The rise in unpaid social security contributions (SSCs) slowed quarter on quarter (QoQ) to 310 million euros in Q3 of 2016, from 831 million in Q2. The outstanding amount reaching 16.92 billion, the quarterly bulletin of the single SSC collection centre (KEAO) displayed on Monday. The increase

Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle

Fri, 26 Feb 2021 10:37:00 GMT

. Net revenues came to 3.85 billion euros, below target by 812 million euros. The monthly primary... a deficit of 782 million euros for the month.

Eurobank gears up for crucial but contentious capital increase

Tue, 15 Apr 2014 09:35:00 GMT

Eurobank, Greece’s fourth largest lender, is preparing to carry out before the end of this month...) at Eurobank approved on April 12 a capital increase of 2.86 billion to address its 2.95 billion capital... ahead of the release of BoG stress test results. At the time Eurobank had already experiencing a capital

Down but not out: Golden Dawn rears its head again

Mon, 25 Nov 2013 11:22:00 GMT

of the Golden Dawn party, including parliamentary deputies and party leader Nikos Michaloliakos... leader Nikos Michaloliakos and two senior lawmakers were put behind bars pending trial on charges... as spring boards – a model seen at work in Antwerp, the base of Belgium's far right Vlaams Belang

Alpha, Eurobank raise 4.6 bln in private capital: Here's exactly what it means

Thu, 19 Nov 2015 10:00:00 GMT

Two of the four systemic Greek banks, Alpha and Eurobank, have announced the completion... capital would be reduced to around 11 percent from its current level of 66.24 percent. Eurobank Eurobank... in capital mitigating actions approved by the SSM. This means that Eurobank will also avoid needing any

Eurobank to merge with Grivalia Properties and create SPV to cut bad loans

Mon, 26 Nov 2018 10:59:00 GMT

One of Greece’s four systemic banks, Eurobank, has announced shortly after releasing its third... percent of Eurobank. The merger will create the best capitalised bank in Greece, with total capital ratio... including housing, consumer and business. In its nine-month results, Eurobank listed 14 billion euros

Eurobank sells insurance arm to Fairfax for 316 mln

Wed, 23 Dec 2015 08:08:00 GMT

Eurobank announced on Tuesday that it has reached an agreement with its shareholder Fairfax... of Eurobank’s initial restructuring plan approved by the European Commission in April 2014, which... the transaction, Eurobank will retain a 20 percent stake in Eurolife. The cash consideration for the 80 percent

Eurobank’s NPL sales take major step with two transactions

Fri, 28 Jun 2019 07:51:00 GMT

Eurobank announced on Thursday that it had entered into a binding agreement with PIMCO’s Celidoria...-named Project Pillar by Eurobank. In an announcement on their website, Eurobank outlined the terms... Cairo. Bravo Strategies also agreed to the sale of a majority stake in Project Europe, Eurobank’s