Wednesday March 4, 2015 Search
Weather | Athens
20o C
11o 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 Eurobank’s 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 lender’s capital position on December 31, 2013 will be above the required threshold.

ekathimerini.com , Tuesday Jan 14, 2014 (22:34)  
Greece successfully rolls over 6-month T-bills but yield rises
ECB glimpse of Cyprus debt shows limits of bank cleanup
More Germans booking holidays in Greece, tourism chief says
Four-star hotels more profitable than five-star units
For Greece, a lesson from Ireland, Kenny says
Greece should follow in the steps of Ireland's “constructive engagement” with Europe in dealing with its lingering debt crisis, the country's Prime Minister Enda Kenny has said. “For Greece,...
Election outcome does not cancel Greek commitments, Juncker says
Recent elections in Greece, won by leftist SYRIZA party, have not changed the fact that the debt-wracked nation must respect its commitments, European Commission President Jean-Claude Juncke...
Inside News
SOCCER
Marinakis fines Olympiakos players
Olympiakos president Evangelos Marinakis on Monday fined the team 500,000 euros for disappointing performances and called on them to make a «sacrifice» to win trophies or leave. "Olympiakos ...
SOCCER
Olympiakos´s Karembeu confident UEFA on top of racism
Olympiakos strategic advisor Christian Karembeu expressed his confidence on Tuesday that UEFA are getting to grips with racism in soccer after suffering abuse during the recent Greek derby a...
Inside Sports
FOCUS
Greek officials have ruffled feathers in Brussels for not having good diplomatic manners
Strapped for cash and under pressure to deliver on reforms, Greece's new radical government has ruffled feathers in Brussels by not respecting the diplomatic niceties of the negotiating tabl...
COMMENTARY
Up the creek without a paddle
One of the issues that dominated the country’s pre-election debate was whether SYRIZA, which eventually won the vote, had worked out a plan B. It was clear from the start that its much-hyped...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greece successfully rolls over 6-month T-bills but yield rises
2. For Greece, a lesson from Ireland, Kenny says
3. ECB glimpse of Cyprus debt shows limits of bank cleanup
4. Election outcome does not cancel Greek commitments, Juncker says
5. More Germans booking holidays in Greece, tourism chief says
6. Panousis says no official decision on undocumented migrants
more news
Today
This Week
1. Up the creek without a paddle
2. Panousis says no official decision on undocumented migrants
3. Greek officials have ruffled feathers in Brussels for not having good diplomatic manners
4. More Germans booking holidays in Greece, tourism chief says
5. Election outcome does not cancel Greek commitments, Juncker says
6. ECB glimpse of Cyprus debt shows limits of bank cleanup
Today
This Week
1. Greece to make international protest over Turkey reserving Aegean air space
2. A fierce battle looms
3. SYRIZA feeling the pain
4. The Greek tax drama
5. The unlikely winners of Greece's surrender on euro
6. Tsipras reversal draws Greek sympathy as party rumblings rise
Advertiser Link
“AMF” PROJECT FINAL CONFERENCE-REGIONAL UNIT OF THESPROTIA
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.