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  1. Eurobank first to tackle NPL reduction via APS
    Photo by MacroPolis

    EconomyBanking

    portfolio on its balance sheet since no loss will be recorded within 2019 from the sale. Eurobank aims... NPL servicer, Financial Planning Services S.A and management of all of the bank’s NPEs. Both entities

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  2. Budget primary surplus at 6.46 bln in October on improved revenues and primary underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 6.46 billion euros in the first 10 months of 2018... euros, bettering the target by around 1.59 billion euros. On a monthly basis, the primary balance came... in the previous month. The balance a year ago was notably lower at 788 million euros. The budget balance

    5%

  3. Primary surplus confirmed at 6.44 bln in October on revised budget targets
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of negative balances. For the same period last year, the balance edged into positive territory and came...The budget primary balance was confirmed at a surplus of 6.44 billion euros in the first 10 months..., bettering the target by around 1.62 billion euros. On a monthly basis, the primary balance came

    5%

  4. Labour market improves further in 2023, with 43,802 more hirings
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s employment balance turned positive in December, with 18,496 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in December.... For departures, the share for men and women was split 59-41. Women had a positive balance of 11,708

    5%

  5. Bank of Greece publishes revised Code of Conduct for management of NPLs
    Photo by MacroPolis

    EconomyMacroeconomy

    , include interest rate reduction, loan term extension, splitting the balance in two tranches (one that would be serviced and the reaming that would be settled at a later stage) and partial debt write... is not serviced for at least 60 days, the bank should notify the borrower of the loan obligation within a 30-day

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  6. Newsletter 120 - 26/05/2017

    Newsletters

    to that in exports, while the expansion of the services’ balance resulted from an improvement in all subaccounts... for an amount of 2.34 billion, according to the bulletin of the Computer Centre for Social Security Services... in the course of Q2. Ongoing deleveraging pushed loan balances down quarter-on-quarter (QoQ). Net

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  7. Coalition unwound

    Agora

    a transitionary service over the next few months. By this Tuesday, and with the Council of State ruling... for a service with 2,000 staff. People are free to see this as the fallout from an act of bold

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  8. A quarter-pounder democracy

    Agora

    them at the service of citizens. Throughout its history, Greece and most of its people have been... market trolleys. An opportunity to assess civil service needs and personnel is being swatted aside

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  9. It remains a mystery
    Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    into three quarters of its outstanding debt at the time. At the same time, to service this debt Greece... billion euros of total financing needs, 126 billion was to refinance and service the debt

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  10. Nobody has less confidence in their government than the Greeks, OECD finds
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    government powers and fundamental rights are least guaranteed. 2) Size of civil service As the government comes under increasing pressure to reduce the size of Greece’s civil service, with 4,000

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