Monday September 1, 2014 Search
Weather | Athens
29o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
HFSF confirms Eurobank share increase plan adjustment

By Yiannis Papadoyiannis

The Hellenic Financial Stability Fund confirmed on Tuesday in a statement that the timetable for Eurobanks share capital increase will have to be changed to factor in the results of the stress test conducted by BlackRock Solutions, thereby dismissing claims that this would be due to possible legal consequences should banks be privatized on market terms.

Regarding the start of the procedure for the share capital increase of Eurobank to draw some 2 billion euros, the timetable of the transaction will be adjusted in such a way as to take into account the completion of the assessment of the future capital requirements of the Greek banking sector, as well as the new recapitalization framework, the HFSF statement said.

It added that the fund and Eurobank appreciate the strong interest of investors in the capital increase process, and that the lenders capital position on December 31, 2013 will be above the required threshold.

ekathimerini.com , Tuesday Jan 14, 2014 (22:34)  
Prospect of Greek grand prix back on the agenda; huge investment needed
Juggling lighter tax burden and fiscal targets
Government tries to get handle on NPLs
Fuel tax cut would spark illicit trade, says sector expert
Greek officials meet to fine tune strategy for Paris talks with troika
Greek Prime Minister Antonis Samaras will meet with his coalition partner, PASOK leader Evangelos Venizelos, and Finance Minister Gikas Hardouvelis on Monday ahead of crucial two-day talks w...
Large fire in Crete brought under partial control
A large fire that began in the early hours of Saturday in Hania, Crete, was brought under partial control on Sunday by a large force of firefighters who battled the blaze through the night. ...
Inside News
SOCCER
Fulham striker Mitroglou set to re-join Olympiakos
Greek champions Olympiakos Piraeus are set to re-sign Kostas Mitroglou on loan from English second tier club Fulham after the striker arrived in Athens for talks on Sunday. An Olympiakos spo...
SOCCER
Tough draw for Greek sides in Europa League group stage
Following Thursday nights high, when all three Greek teams competing in the Europa League made it into the group stage of the competition, a harsh reality struck Friday as they found out wh...
Inside Sports
COMMENTARY
A great president
I fully understand the countrys need for political stability, a necessity which makes the election of a president by the current Parliament absolutely imperative. At the same time, however,...
EDITORIAL
Dont feed the zombies
There can be no growth without resolving the issue of nonperforming business loans. However, the solution to this problem should not be based on old establishment criteria, such as political...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Greek officials meet to fine tune strategy for Paris talks with troika
2. Fulham striker Mitroglou set to re-join Olympiakos
3. Large fire in Crete brought under partial control
4. Prospect of Greek grand prix back on the agenda; huge investment needed
5. Juggling lighter tax burden and fiscal targets
6. Government tries to get handle on NPLs
more news
Today
This Week
1. A great president
2. Dont feed the zombies
3. Greek officials meet to fine tune strategy for Paris talks with troika
4. Prospect of Greek grand prix back on the agenda; huge investment needed
5. Juggling lighter tax burden and fiscal targets
6. Fuel tax cut would spark illicit trade, says sector expert
Today
This Week
1. Attack on gay couple in Athens leaves one man needing surgery
2. The battle against progress
3. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
4. Strong undersea quake occurs off island of Milos, felt in Athens
5. Greek quest for debt relief faces hurdles in Paris
6. Hardouvelis, ECB executive discuss bank program, stress tests
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.