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Da die Inhaber von Lower-Tier-1- und Lower-Tier-2-Anleihen ihre Papiere in niedrigere nachrangige Instrumente ohne Gegenleistung in bar umtauschten, wurde eine Kapitalaufstockung von 317 Mio. EUR erzielt.
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Since the lower tier one and lower tier two bond holders converted their securities into lower subordinated instruments with no cash consideration, the capital raised reached EUR 317 million.
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Share of the population aged 18-24 with only lower-secondary education and not in education or training, 2000-2005
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Share of the population aged 18-24 with only lower-secondary education and not in education or training, 2000-2005
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This in turn allows the incumbent universal service operators to significantly lower the prices of these services, to the detriment of competition in this market.
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This in turn allows the incumbent universal service operators to significantly lower the prices of these services, to the detriment of competition in this market.
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Addresses the concern that an exemption from accounting duties could hamper internal organisation and lower transparency and access to necessary information for, e.g., credit grants.
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Addresses the concern that an exemption from accounting duties could hamper internal organisation and lower transparency and access to necessary information for, e.g., credit grants.
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As a result it may lower the public trust toward it, and a repute in case of such authority shall be considered as an important value.
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As a result it may lower the public trust toward it, and a repute in case of such authority shall be considered as an important value.
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During a financial crisis, a central bank can reduce the key interest rate towards the lower nominal bound, and thereby make a contribution to financial stability.
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During a financial crisis, a central bank can reduce the key interest rate towards the lower nominal bound, and thereby make a contribution to financial stability.
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At the zero lower bound, central banks cannot do much using their conventional instruments.
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At the zero lower bound, central banks cannot do much using their conventional instruments.
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Moreover, a lower cost of services will support manufacturing competitiveness as the price of inputs will go down.
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Moreover, a lower cost of services will support manufacturing competitiveness as the price of inputs will go down.
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Actually, the resulting lower market liquidity could well further increase volatility.
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Actually, the resulting lower market liquidity could well further increase volatility.
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