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EU's temporary framework for state aid in response to Covid-19 outbreak
Legallow premiums. In order to benefit from the framework, the guarantee must not exceed 90% (where losses... in order to curb harmful coronavirus crisis implications in society, limit the losses of jobs and incomes... and in order to ensure liquidity, the Greek State enables the affected companies to benefit from
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Under-fire PM pledges civil defence improvements following summer of destruction
PoliticsGreek Politicseuro per night to 6 euros, in order to raise some 300 million euros that would be set aside to boost... their expenses on the MyData platform in order for them to be eligible for tax calculations. The only... to be strong, allowing the measure to be brought in ahead of schedule. Law and order Mitsotakis also
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Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agorawith the ECB in order to draw on financing facilities. But the utilisation of such high-value assets could... ratios require domestic lenders to step up their provisioning, thus binding already scarce capital.... The challenge Greek SMEs face in finding access to finance will continue to make the search for feasible
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Progress rather than breakthrough the target at Eurogroup
PoliticsGreek Politicsan initial agreement between Greece and the institutions on the basic elements needed in order... elections in September, it wants a binding commitment now so that the European Central Bank is satisfied... on Monday. From the lenders’ side, apart from finding a common position on the three issues
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Macedonia name issue: Agreement and disagreement
Agora. The prospect of the accession of fYRoM to the EU plays the role of the “carrot” in order for the newly... in September 1995. They continued negotiating on finding a 'compound' name with a geographical qualifier...-binding referendum. However, the 37 percent turnout was lower than the 50 percent threshold
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Talks to begin on plan to rescue PPC from dire financial straits
Economyin order to foster competitiveness in the energy market. Unpaid bills, both from customers but also from... be “crazy enough” to buy it. The DG Comp team arrives as the deadline looms for binding offers... in February collapsed. During the initial process, PPC received one binding offer for the Melitis unit
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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBankingattract greater interest and better pricing in order to meet their 500-million-euro target. SSM... indicates that non-binding bids must be received by December 10, and binding bids by the end of February
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Breaking up is hard to do
Agoraof the Brexit referendum ‘was a vote to take control of our borders’. In order to do that, the UK... Council, which officially endorsed the text of the Withdrawal Agreement. This legally binding international agreement together with the non-legally binding political declaration on the future UK-EU
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Newsletter 193 -08/02/2018
in reducing bad loans in order to reach the ambitious target of an NPE ratio below 10 percent by 2021... received one binding offer for the Melitis unit in Florina from Mytilineos which was reporte five times... in a binding offer for either unit after deciding that the structure of the deal and the share purchase
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingfrom the European Commission’s DG Comp in order to start operating. HFSF scheme Another scheme... in Greece. Also during June, Eurobank announced that it had entered into a binding agreement with PIMCO’s... make up the portfolio, with 40 percent of the properties located in Athens. Non-binding bids
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