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EC autumn forecasts project stable growth and fiscal outlook
EconomyMacroeconomy. GDP is expected to grow 2.1 pct this year and 2.2 pct in 2026, driven by steady private consumption
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Import prices contract again in Oct with 2.4 pct drop
EconomyMacroeconomyby 0.7 percent. Non-durables were up by 2.2 percent.
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Newsletter 489 - 19/12/2025
with 2.2% this year. Government officials pointed to the extensive tax reform set to roll out next
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBankingSupervisory Mechanism (SSM) sales of loans totalling 11.6 billion euros are expected to spearhead... of bad loans totalling 800 million from small and medium-sized enterprises lined up for sale, which... of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new and 50 percent rolled over
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Debt relief or debt restructuring for Greece?
Agoraand buyback operations from 2012 – totalling 126 billion euros or 65 percent of GDP - Greece’s total would... an emergency loan totalling 2.5 billion euros to Cyprus to cover a widening budget deficit and refinance... left to their own devices. They incurred losses totalling 12 billion euros on the write down
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Banks focus on defining challenge of reducing NPEs
EconomyBanking, totalling 3.6 billion for the year. According to the latest operational targets that have been submitted... is proceeding with the sale of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new..., totalling roughly 1 billion euros, which are collateralised. This would bring the total sales
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Minister's actions put PM on the spot as politicians' loans stir controversy
PoliticsGreek Politicsto Proto Thema weekly, Polakis was issued two loans totalling 100,000 euros by Attica Bank, repayable... of public figures, Spyraki received loans totalling around 800,000 euros between 2005 and 2015, of which more than 700,000 was outstanding in 2017. Georgiadis took out three loans totalling just over 665,000
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Athens rushing to reduce arrears and secure 800 mln in bailout funds
EconomyMacroeconomy, totalling 12.6 million euros. The Labour Ministry says that it has started paying 183,430 pensions this year, totalling 1.4 billion euros. The goal is to make an expedited payment on Tuesday 10 October
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Greek banks' NPL selloff gathers speed
EconomyBanking. The National Bank of Greece (NBG) is proceeding with the sale of an NPL portfolio totalling 3... another package of non-performing loans of small enterprises, totalling roughly 1 billion euros, which
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NBG makes profit of 20 mln in Q1, NPE stock falls again
EconomyBanking. As part of its NPL reduction strategy, NBG is proceeding with the sale of an NPL portfolio totalling 3... another package of non-performing loans of small enterprises, totalling roughly 1 billion euros, which
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