Agora
A market for NPL resolution
When the largest Greek banks (in terms of assets) published their second quarter results a fortnight ago, much investor attention was focused on the formation and breakdown of non-performing exposure (NPE) on their respective balance sheets.
Contributor: Jens Bastian
Categories: Economy (329), Greece (496)
Out with the old, in with the old
Perhaps more so than its promises about debt reduction, its ambitious targets for welfare spending and its abstract pledge to restore pride, what swung it for SYRIZA back in January 2015, when it first came to power, was the hope that it would represent something new.
Contributor: Nick Malkoutzis
Categories: Politics (385), Greece (496)
Refugee crisis charade adds insult to EU's injuries
Since the European Union and Turkey agreed on a formula in March to manage refugee flows in a more orderly manner, by removing any incentive for migrants to cross the Aegean on their own, the crisis has faded into the background. Aided by the closure of borders in the Balkans and central Europe, the EU–Turkey agreement triggered a significant enough fall in arrivals to make the flow manageable and give much of Europe peace of mind.
Contributor: Nick Malkoutzis
Categories: Europe (281), Politics (385), Society (140), Greece (496)
Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead
The four core Greek banks released their second quarter (Q2) results in the last two days of August, which showed improving trends in core revenues as well as encouraging signs on the loan quality evolution.
Contributor: Manos Giakoumis
Categories: Economy (329), Greece (496)
The great turn-off: Greece's TV permits auction
At the start of the process toauction four TV licenses in Athens last week, one of the people in the room was taken to the hospital. He may have been the lucky one.
Contributor: Nick Malkoutzis
Categories: Politics (385), Society (140), Greece (496)