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Tag Archives: amount

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 …

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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 …

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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 …

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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 …

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