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Eurobank first to tackle NPL reduction via APS
EconomyBankingstock declined by roughly 2.2 billion euros QoQ and came to 14.3 billion euros. The Cairo... the bids submitted by Pimco and doValue on behalf of Fortress for 80 percent of Eurobank’s licensed... on the website euro2day.gr on Tuesday afternoon, the doValue-Fortress bid was considered a stronger bid
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Where next for Greece's troubled privatisation programme under SYRIZA?
EconomyEuropean Commission review report on Greece. It foresaw revenues of 1.5 billion euros in 2014 and 2.2... agencies with a view to developing state assets and enhancing their valus through microeconomic
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GDP shows annual growth of 2.2 pct in Q3
EconomyMacroeconomyquarterly growth streak experienced by Greece began in Q2 2005 and ended in Q4 2006. GDP grew by 2.2... percent QoQ. As mentioned, the provisional estimates showed that GDP grew by 2.2 YoY after a downward... of services rose by 2.2 percent QoQ and 13 percent YoY. The MoF’s growth estimate for imports in 2018
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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBankingquarter, the figure came to 17.8 billion, leaving 2.2 billion to reduce by year end. Alpha Bank Towards... billion euros. The four bidders were named as Apollo Global, Centerbridge, Fortress and Lone Star. Along
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Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs
EconomyBankingbillion euros gross book value, and the sale of Sky portfolio of Cypriot NPEs worth 2.2 billion euros... on Cosmos on October 22 and NBG was in definitive agreement with Bain Capital, Fortress and DoValue
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Consumer prices drop further by 2.2 pct in June
EconomyMacroeconomyThe Greek consumer price index (CPI) fell by 2.2 percent in June after a drop by 2.1 percent in the preceding two months, according to the Hellenic Statistical Authority (ELSTAT). This indicates... in: transport (-3.1 percent), education (-3.1 percent) and household equipment (-2.2 percent). Prices
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CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
EconomyMacroeconomyThe rate of drop in the Greek consumer price index (CPI) remained at 2.2 percent for the second straight month in July, according to the Hellenic Statistical Authority (ELSTAT). As a result, the CPI.... The breakdown of the 2.2 percent YoY CPI fall showed the highest change was posted by housing (-7.4 percent
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Industrial production rises at slightly faster pace of 2.2 pct in Dec
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) increased by 2.2 percent in December after a downward revised growth of 2 percent in November, Hellenic Statistical Authority (ELSTAT) data showed... IPI rebounded 2.2 percent from the previous month, after contracting by 1 percent in November
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Retail sales rise by 2.2 pct in December, average growth of 1.7 pct in 2017
EconomyMacroeconomyGreece’s retail sales rose by 2.2 percent year-on-year in December after November’s upwardly revised decline of 1.4 percent, according to data published by the Hellenic Statistical Authority (ELSTAT.... December’s growth of 2.2 percent compared to December 2016 indicates a slight underperformance
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Piraeus enters agreement for sale of 2.2 bln loan portfolio
EconomyBankingcard debt to the value of 2.2 billion euros, or 385 million in on-balance sheet gross book value... than the previous target by 2.2 billion. The targeted reduction in NPLs is stated as 47 percent
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