Agora
Posts in Economy
How the pension fund that invested heavily in Attica Bank lost half its reserves
The Engineers and Public Contractors Pension Fund (TSMEDE) found itself in the spotlight over the last few days as a result of being the major shareholder in Attica Bank, which faced a number of issues related to corporate governance and lending activities, according to an investigation carried out by the Bank of Greece (BoG).
Contributor: Manos Giakoumis
Categories: Economy (345), Greece (523)
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 (345), Greece (523)
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 (345), Greece (523)
Greece's harsh social reality
The key figures reflecting the extent of the economic collapse that Greece has experienced since 2009 are pretty well known, even to those who have not been following the story that closely over the past few years.
Contributor: Yiannis Mouzakis
Categories: Economy (345), Society (149), Greece (523)
Greece's 2009 deficit makes for a good conspiracy; shame about the numbers
I believed that the issue of Greece’s 2009 deficit was definitely settled last year when Andreas Georgiou, the former head of ELSTAT, was cleared in court of allegations that he purposefully inflated Greece’s 2009 deficit figures in order to lead the country into the first eurozone and International Monetary Fund-led programme in 2010.
Contributor: Yiannis Mouzakis
Categories: Economy (345), Greece (523)