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NBG reports net loss of 163 mln in 2017, bad loans continue to fall
EconomyBankingstock to 13.1 billion in 2019. The bank notes that once the 2019 targets are achieved, NPL and NPE...-performing loan (NPL) formation dropped by 311 million, reversing the positive formation of 66 million...). NBG noted that the improved results in NPL formation reflected its strategy of accelerated
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Eurobank net profits from continued operations fall by 12.2 pct in 2018
EconomyBankingloans, with NPE formation of -3 million. A rise of 1 million had been noted in Q3. NPL formation also... formation of 31 million in Q3. The NPL stock stood at around 13.2 billion in Q4 with the NPL ratio slipping to 29.3 percent in Q4 versus 30.9 percent. The NPL coverage ratio declined to 67.2 percent in Q4
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Greece pinpoints flaws in Turkey's Aegean claims
PoliticsForeign Policya cut-off effect on the coastal projection of Turkey, towards Libya’s shores. Also, being on the “wrong... have a cut-off effect on the coastal projection of Turkey to the Libya’s shores. Athens believes... naval mission to Libya on March 31. The new operation is named after the Greek word for peace “Irini
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Erdogan's Hagia Sophia move adds to complexity, uncertainty of Greek-Turkish relations
PoliticsForeign Policy, bilateral cooperation between EU-Turkey on the refugee/migrant issue and developments related to Libya... violation of the arms embargo in Libya, according to a high-ranking EU official. There is a growing... by Turkey and the Turkey-Libya memorandum, Dendias said that “Greece has capable armed forces
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Greece signs EEZ deal with Egypt, aiming to halt Turkey's designs
PoliticsForeign Policydeal signed last November between Ankara and the UN-recognized government in Libya’s Tripoli. Even... within the Turkish continental shelf” and that the agreement also violates Libya’s maritime rights... Libya maritime deal. Kastellorizo and the eastern part of Rhodes were left out, as was widely expected
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Mitsotakis, Erdogan keep distance at UN as summer moratorium draws to close
PoliticsForeign Policyon the issue of Libya which will take place on the sidelines of the UN Assembly under the initiative of Italy...” by its agreement with Libya. Greece says that its agreement with Egypt annuls the Turkey-Libya... with a new, legal and permanent government in Libya and sign a maritime agreement with its southern
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Outsider Kasselakis on track to lead SYRIZA after securing key backers
PoliticsGreek Politics. Libya debacle The government, meanwhile, is facing criticism over its handling of the deaths of five members of a Greek humanitarian rescue mission in Libya under unclear circumstances. The victims were members of the Greek armed forces who were part of an official mission to Libya to help
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Mitsotakis shrugs off scandals to hit back at foreign policy critics
PoliticsGreek Politicswith Libya, Mitsotakis reiterated his government’s position that the Turkey-Libya maritime agreement... the rival factions in Libya, allowing Libya to press territorial claims with backing from Ankara
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Greece working on plan for multilateral talks in East Med
PoliticsForeign Policyin the proposal are Greece, Cyprus, Turkey, Egypt and Libya. The conference does not include Israel... to be Ankara’s refusal to participate in any forum that excludes Turkish Cypriots, while Libya... from Libya to represent both factions. Whether conditions on the ground make this feasible remains
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Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
EconomyMacroeconomy(NPL) ratio rose to 34.1 percent at the end of June from 31.9 percent at the end of 2013 indicating a slight slowdown in the NPL formation within the first half of the year. The NPL breakdown by sector displayed consumer credit and corporate NPL ratio increased by almost 3 percentage points (pp) from
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