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  1. Athens takes plunge on gas exploration, sees hope in Israel-Lebanon deal
    Image: https://flic.kr/p/2nYAi5M

    PoliticsForeign Policy

    and the island of Crete. "We want to make an opening with Libya as a whole, so that we can finally... located in the area between Greece and Libya," Mitsotakis said in an interview with ANT-1 TV, last Monday. It appears that Athens has decided to begin surveys in response to the recent Turkish-Libya

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  2. What is the state of play with Greek banks?

    Economy

    loss for the four core banks (namely Alpha Bank, Eurobank, National Bank and Piraeus Bank), while... Agricole, while after the collapse of the National-Eurobank merger, the former acquired Probank... to raise fresh money from private investors. Except Eurobank, fully recapitalised by the Hellenic Financial

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  3. Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing
    Photo by MacroPolis

    EconomyBanking

    estimate that the pandemic will leave a legacy of around 5 billion euros in new bad loans. This is after... in the plans sent to the SSM in September. Under the baseline scenario, the four systemic banks estimate... has been the last of Greece’s systemic banks to make use of the mechanism. Eurobank was the first

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  4. EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022

    EconomyMacroeconomy

    The European Commission updated its economic estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly improved from the previous forecasts in February... estimates assume the relief measures that have so far cushioned the blow on the economy will not be cut

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  5. Greek banks conclude series of corporate actions as part of restructuring

    EconomyBanking

    of the financing provided will be targeted to enhance youth employment. Eurobank Eurobank announced on December... was established in 1994 and became member of Eurobank Group since 2006. Since March 2014, Eurobank management has committed to sell its Ukrainian subsidiary and therefore Eurobank operations in Ukraine were

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  6. IMF upgrades Greece’s GDP and unemployment rate estimates
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    to an estimate of a 0.6 percent GDP contraction in the previous WEO. It is worth noting that this is the most... with the European Commission (EC) estimate, while OECD expects Greek GDP to slip 0.2 percent this year... 2.7 percent previously. The government and the EC estimate the Greek economy will recover by 2.7

    30%
  7. Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
    Photo by MacroPolis

    Economy

    . According to our initial estimate a month ago, the capital cushion would reach 2.3 billion euros... among the four systemic Greek banks. Alpha recognized 3.23 billion in Q2, Eurobank 3.32, NBG 3.58 and Piraeus 3.26 billion. Following the recognition of additional DTA in Q2, our estimate for the banks

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  8. Corruption claims, foreign policy missteps impede government’s efforts to build momentum
    Photo by MacroPolis

    PoliticsGreek Politics

    relations with Libya and the submission of two note verbale by the Tripoli-based government... deems not be in line with international law. In the notes, Libya claims that Greece’s maritime agreement... spokesman Stelios Petsas. The centre-right MP called for Athens to “toughen its stance” regarding Libya

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  9. Newsletter 20 - 20/03/2015

    Newsletters

    as for the whole year. On the revenue front, the three banks – Piraeus, Alpha and Eurobank – showed.... However, this corresponds to a two-quarter delay on the previous estimate in November. The banks... Common Equity Tier 1 (CET1) ratio ranging from 12.1 (Piraeus) to 15.2 percent (Eurobank). The fully

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  10. Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead

    Agora

    straight month, Eurobank’s figure turned negative for the first time, while NBG posted marginal NPL... also fell by 100 million in the course of Q2. On the flipside the NPE stock of Alpha and Eurobank... to the bank’s operations in the Greek market. A similar message was recently conveyed by Eurobank CEO

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