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  1. Banks meet NPE targets in Q1 but mortgage reductions remain slow

    EconomyMacroeconomy

    and 62.9 percent. The latest operational targets submitted by Greek banks to the ECB's Single

    9%

  2. The first cut is the deepest? Greek pension reforms in context

    EconomyFeatures

    pension funds, including public sector pensions, under a single fund known as EFKA. It abolished all

    9%

  3. Income and living conditions survey shows persisting inequality
    Photo by Harry van Versendaal

    Society

    was highest for single parents at 30.5 percent. This was followed by households with three adults

    9%

  4. Piraeus enters agreement for sale of 2.2 bln loan portfolio
    Image via www.piraeusbankgroup.com

    EconomyBanking

    ambitious targets to the Single Supervisory Mechanism (SSM) for the reduction of bad loans later

    9%

  5. If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study

    EconomyMacroeconomy

    Enhanced credit card usage in Greece could capture revenues that exceed the annual inflows from the single property tax (ENFIA), a study by the Foundation for Economic and Industrial Research (IOBE) has shown. The study, titled “Digital payments after capital controls: Support measures and tax

    9%

  6. Is a lack of spending hampering Greece's firefighting capabilities?

    Society

    fronts across the country, 337 villages were incinerated, 84 people died (26 in a single village

    9%

  7. Banks try to build on growing confidence

    EconomyBanking

    of bad loans to the Single Supervisory Mechanism (SSM) later in the year, meaning that work will have

    9%

  8. Banks on track with NPE targets in Q2 as sales play bigger role
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by Greek banks to the ECB's Single Supervisory Mechanism (SSM) point to a reduction in NPEs by 37

    9%

  9. Mortgage loans a key piece of NPL reduction puzzle

    EconomyBanking

    -performing at the end of June. Under the current ECB Single Supervisory Mechanism (SSM) targets which

    9%

  10. Banks submit new NPL targets to SSM, with sales leading way in reduction drive
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    Greece’s four systemic banks have submitted new Single Support Mechanism (SSM) guidelines on Friday, under which the banks’ bad loans will be tackled. The new targets involve the restructuring of 50 billion euros’ worth of bad loans, according to reports in the Greek media. Of the total, 25 billion

    9%