Search
-
ECB stress tests and what they will mean for Greek banks
Economyand the dynamic model) will be the binding figure for Greek banks. Local media and market sources have
9% -
Privatisation of power transmission firm ADMIE a key challenge among prior actions
EconomyProgrammeindependent transmission operator (IPTO) model is compliant with EU legislation and is also applied in other... and consortiums qualified to participate in the second phase, which involved the submission of binding offers
9% -
Piraeus eyes major NPE deal as banks remain focused on bad loans
EconomyMacroeconomybased on the Italian model of an Asset Protection Scheme (APS). The BoG is proposing that banks... the two contenders, submitted non-binding bids which are being evaluated by Piraeus Bank. The preferred
9% -
BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingof the banks. BoG’s deferred tax model was viewed favourably by both Alpha Bank and Piraeus in particular... strong interest. The portfolio contains around 2 billion euros-worth of housing loans. Non-binding
9% -
Athens sees multiple defence, geopolitical benefits in pact with France
PoliticsForeign Policythat Greece’s maritime delimitation agreements with Italy and Egypt could be the model... sides to the negotiating table to resolve their differences, or to agree to binding international
9% -
Newsletter 411 - 09/02/2024
the possibility of top-flight foreign institutions setting up chapters in Greece, pointing to the model... as an anti-populist social progressive. Although the vote is non-binding, and has no immediate
9% -
After Q3 results, what next for Greek banks?
Agorawill be fed into BoG’s model to determine potential additional capital needs. Other elements... on Eurosystem funding and change in the wholesale funding mix towards the cheaper ECB funding. The quarterly... be provided by the recent ECB rate cut, which is expected to further lower their funding cost by a total 180
9% -
Finance Ministry challenges SYRIZA's plans for economy, ups cost
Economy, while offering a different view on Greece’s economic model. The first key difference highlighted... billion. Revenues Another major issue highlighted by the MoF involves the funding of SYRIZA’s measures... that tackling tax evasion requires a long time to bear fruit, while the other funding sources identified
9% -
National Bank posts net loss of 1.1 bln in Q4
EconomyBankingmainly related to recalibration of the bank’s impairment model (970 million) and recoverability.... As already evident in the results of the other three Greek banks, NBG’s Eurosystem funding rose... is made up by ECB funding of 9.7 billion (primarily EFSF bonds) and ELA funding of 13.3 billion. The bank
9% -
The first cut is the deepest? Greek pension reforms in context
EconomyFeatures. It is worth asking whether this is the right model for the future. Sadly, there is very little indication... system is funded by a combination of employee and employer contributions, and state funding. The onset of the crisis put a squeeze on all three funding streams roughly within the same time frame, throwing
9%