Search Results: UBS

Authorities point to suspicious bank transfers of more than three million euros over past six years from Roman Catholic Church's treasury

This year, a notable absence of concrete positions on issues concerning Greek-American relations comes as a stark contrast to previous election years like 2008

Applications for the government subsidy for heating oil payments are expected to open in the coming days.

In its report, UBS posits that Greece is on course to achieve a 2.5% GDP forecast in 2024, notwithstanding weak Eurozone indicators such as the purchasing managers index (PMI), and Income from operations (IFO).

As UBS notes, the financial institution sector in Greece presents an appealing prospect for higher profit margins for prospective investors, with shareholders reaping the benefits

This allowed Eurobank to raise 850 million euros and reduce the bond’s credit spread to 180 basis points, down from the initial indicative offer of 210 basis points.

This means that the maximum expense cap is likely to rise to 15,000 euros from 10,000 euros where it stands now, with a possible increase in the advance payment percentage as well.

The AT1 issue was greeted with high demand by more some 250 international and domestic investors, with the amount offered reaching 2.9 billion euros

In the section about Greece in its “Global Economics & Strategy” report, the firm highlights the primary fiscal surplus in the 2nd half of 2024 exceeded the €1.2 billion target set, reaching €2.9 billion

UBS maintained a buy recommendation for both the systemic banks

The extraordinary kWh subsidy program comes amid the latest surge in energy prices, especially electricity produced from natural gas

The new notes are expected to be listed for trading on the Euro MTF market of the Luxembourg Stock Exchange.

The uniform yield reached 2.81%, while the cut-off price was 104.570

Prime Minister Kyriakos Mitsotakis said the extraordinary windfall tax will be levied in August and September, in a bid to subsidize surging rates

According to reports, the government will resume an electricity subsidization program, given that forecasts cite disruptions – i.e. higher rates

Marinakis reassured that interventions would occur if consumer electricity prices escalate significantly.

Titan Group subsidiary Titan American will be listed in a New York stock exchange, with the details pending

By April 22, funds totaling 5.75 billion euros had been transferred for approved projects of the Recovery Fund to entities within and outside the general government and final recipients

Very high demand pushed down the coupon's interest rate to 4.125%

Athens and many parts of Greece, including Thessaloniki, Crete, and Kalamata, turned orange this week as a result of a massive dust storm moving in from Africa which impacted air quality and reduced visibility.