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  1. Foreclosure bill undergoing final adjustments to satisfy creditors

    EconomyProgramme

    for protection if their residual mortgage is up to 130,000 euros, the assessed value of their home... this to be brought down to 25 percent. Another condition is that the total value of other property held

    5%

  2. Trade deficit up by 5.1 pct in Jan as imports rise, exports edge down
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . Stripping out the impact of oil products and the value of ships, imports and exports grew by 2.8 percent and 5 percent, respectively. Excluding the value of oil products and ships, the trade deficit

    5%

  3. Athens and lenders continue talks on outstanding actions, aiming to conclude by March 25
    Photo by MacroPolis

    EconomyProgramme

    to agree that the total value of the property owned by the applicant must not be higher than value

    5%

  4. Newsletter 198 -15/03/2019

    Newsletters

    that Greek authorities are set to agree that the total value of the property owned by the applicant must not be higher than value of the residual mortgage. The latest target for the Greek government

    5%

  5. Government makes last-minute change to main homes bill in bid to satisfy creditors
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    stricter criteria regarding the value of the properties that will be considered eligible. For normal mortgages, the assessed value of homes has been set at 250,000 euros. For business loans

    5%

  6. Alpha Bank posts net profits of 53 mln in 2018
    Image via www.alpha.gr

    EconomyBanking

    measured at fair value through other comprehensive incomes. The bank noted that their tangible book value stood at 7.7 billion euros, which remains the highest among their Greek peers. The fully-loaded

    5%

  7. Piraeus Bank posts net profit of 185 mln in 2018
    Image via www.piraeusbankgroup.com

    EconomyBanking

    and had a total gross book value of 1.8 billion. Two further bad loan portfolio sales are also on schedule with a total gross book value of 1.7 billion euros. These are code named Project Nemo, (secured

    5%

  8. Banks focus on reducing NPLs linked to property
    Photo by MacroPolis

    EconomyMacroeconomy

    properties valued at 35 million in value have been agreed going forward. Meanwhile, Alpha Bank is looking... the original levels regarding the assessed value of the properties that will be eligible

    5%

  9. Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
    Photo by MacroPolis

    EconomyBanking

    value through other comprehensive income. The bank noted that their tangible book value stood at 7.7

    5%

  10. The oil and gas debate Greece is not having

    Agora

    to attract FDI, enhance employment in what has historically been a high value-added sector, reduce oil... if Greece’s fields are eventually developed, they will likely generate little value (for either

    5%