Friday , February 23 2024
Home / Tag Archives: amount

Tag Archives: amount

Market Pass platform opens Feb 21; Guide with Q&A

The much anticipated online platform for submitting ‘Market Pass’ applications to receive a small financial aid for purchases will open on Tuesday, February 21, 2023, the government spokesman announced on Monday. “Beneficiaries are approximately 85% of Greek households,” he added. Beneficiaries with Tax number ending in 0 to 4 will …

Read More »

10-year bond: Greece raises €3.5bln with 4.4% interest rate

Greece on Tuesday successfully auctioned a new 10-year bond raising around 3.5 billion euros from the market with the interest rate of the issue set a 4.4%. The Public Debt Management Authority said in an announcement that investor interest in the auction was very strong with offers reaching 22 billion …

Read More »

Greece raises €1.5billion reopening 10-Year Bond, yield at 1.5%

Greece has raised 1.5 billion euros from the reopening of a 10-year bond issue, with the yield of the bond set at an historic low of 1.5 pct. Offers exceeded 7 billion euros. What is more important is the increased participation of institutional investors in the bookbuilding process that markedly …

Read More »

Greece announces “Return to Bond Markets”, aims to raise €4.03billion

The much anticipated return to the bond markets is on. Greece’s government is returning to the financial markets for the first time since 2014. The bond sale started at 1 p.m. Monday noon July 24th. 2017. The government aims to raise some 4.03 billion euros from the auction, while the …

Read More »

National Bank for Greece sells Finansbank stake to Qatar’s QNB

Finally a bank deal to get rid of non-profit bringing subsidiaries. Qatar’s National Bank acquired the Finansbank stake of National Bank of Greece for €2.7 billion. The stake of National Bank in Turkey’s Finansbank was 99.81 percent. However, Greek media report that the acquisition price is much higher as the …

Read More »

Are you eligible for the “social dividend” from primary surplus?

One million people are going to see several hundred euro in their pockets as of May 9th 2014. Greek media report of an agreement between the Greek finance ministry and Samaras junior coalition partner PASOK on the categories and the social dividend amount that will be distributed from the primary …

Read More »

Labour Ministry: 33% of Greek pensioners get €360 gross, another 33% gets €675

for the first time since the country sought the ‘economic rescue’ by the IMF, Greek Labor Ministry published a full record of the number of pensioners and pensions distribution. The data has been collected for 93 social insurance funds. For the vast majority of Greece’s seniors the pension is very …

Read More »