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Piraeus and Alpha forge ahead with share capital raises and securitisations
EconomyBankingwith Intrum AB and Serengeti Asset Management for the sale of the Sunrise I portfolio of NPEs worth 7.2
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Piraeus completes Sunrise II securitisation as banks stay focused on NPE reduction
EconomyBankingPiraeus Bank announced on Monday that it entered into definitive agreement with Intrum and Serengeti Asset Management for the sale of 49 pct of the mezzanine and 2 pct of the junior notes of the Sunrise II securitisation. The portfolio consists of roughly 47,000 retail and corporate loans
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Demand for cost-of-living measures intensifies as opposition backs strike
PoliticsGreek Politicsrights in Greece. However, a meeting scheduled with American Israeli lobby group AIPAC was called off
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Newsletter 421 - 19/04/2024
. However, a meeting scheduled with American Israeli lobby group AIPAC was called off after critics from
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyprimary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4
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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomy1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9
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Newsletter 101 - 23/12/2016
the use of plastic money as well as the restoration of the VAT rate to previous levels. The study... estimated that the increased use of plastic money in Q3 2015 explains the increase in VAT revenues by 600
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgramme: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche... remaining 310 million relate to 90 percent of HFSF current cash reserves that until the end of 2015
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Rising clinical depression hints at hidden side of Greek crisis
SocietyThe proportion of Greeks suffering from major depression has increased substantially since 2011 and is several times higher than pre-crisis levels, according to a new study by the University of Athens. The institution’s Mental Health Research Institute ...
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Tsipras hints at post-election scenario of grand coalition, without him as PM
PoliticsGreek PoliticsIn his first televised interview of this election campaign, Prime Minister Alexis Tsipras has claimed he will not continue as premier if SYRIZA is forced into an alliance with New Democracy, To Potami and/or PASOK. Tsipras told Alpha TV on Wednesday nig...
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