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Building activity on the mend with 13.5 pct YoY rise in Oct
EconomyMacroeconomy, from 2,640 in October 2024. The corresponding surface area saw a drop of 5.2 percent YoY, while
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Despite debt deal likely falling short, IMF to retain a role in Greece
EconomyProgrammeto the amount Greece draws from the unused funds of the third programme, totalling around 25 billion euros... will remain engaged in Greece after the end of the third programme, although it is looking almost... engaged one way or the other with Greece – and that will probably come to a denouement which
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Newsletter 27 - 22/05/2015
2015. It issued a seven-year sovereign bond totalling one billion euros at a yield of four per cent... programme, various Greek government representatives and eurozone finance ministers are engaged in a public
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBankingSupervisory Mechanism (SSM) sales of loans totalling 11.6 billion euros are expected to spearhead... of bad loans totalling 800 million from small and medium-sized enterprises lined up for sale, which... of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new and 50 percent rolled over
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Debt relief or debt restructuring for Greece?
Agoraand buyback operations from 2012 – totalling 126 billion euros or 65 percent of GDP - Greece’s total would... an emergency loan totalling 2.5 billion euros to Cyprus to cover a widening budget deficit and refinance... left to their own devices. They incurred losses totalling 12 billion euros on the write down
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Banks focus on defining challenge of reducing NPEs
EconomyBanking, totalling 3.6 billion for the year. According to the latest operational targets that have been submitted... is proceeding with the sale of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new..., totalling roughly 1 billion euros, which are collateralised. This would bring the total sales
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The race to reduce Greece's bad loans
EconomyBankingand to 10.6 billion by the end of next year Alpha Bank has a portfolio of bad loans totalling 800 million... of its NPL reduction strategy, NBG has put up an NPL portfolio fo sale, totalling 3 billion euros..., totalling roughly 1 billion euros, which are collateralised. With strong interest in all bad loan sales so
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Minister's actions put PM on the spot as politicians' loans stir controversy
PoliticsGreek Politicsto Proto Thema weekly, Polakis was issued two loans totalling 100,000 euros by Attica Bank, repayable... of public figures, Spyraki received loans totalling around 800,000 euros between 2005 and 2015, of which more than 700,000 was outstanding in 2017. Georgiadis took out three loans totalling just over 665,000
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Athens rushing to reduce arrears and secure 800 mln in bailout funds
EconomyMacroeconomy, totalling 12.6 million euros. The Labour Ministry says that it has started paying 183,430 pensions this year, totalling 1.4 billion euros. The goal is to make an expedited payment on Tuesday 10 October
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Banks meet NPE reduction targets in Q3, adjust targets for next two years
EconomyMacroeconomywas limited. Loan sales in Q3 came to 1.4 billion euros, totalling 1.8 billion for the aggregate period... affected re-default rates and net NPE inflows. Liquidations will remain a key driver, totalling 10.6
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