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European Commission review of Greek programme: The key points
EconomyProgramme. On top of the cancellation of preference shares, funding needs to August could also be reduced... that potential sources for covering this funding gap involve: a) inter-general government borrowing... respectively. This implies a funding gap of 2.7 billion in 2014, 10.3 in 2015 and 1.6 billion in 2016
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Concerns about insipid public consultation process highlighted by treatment of climate plan
EconomyFeatures. The findings suggest that a culture of top-down policy making persists beneath a thin veneer... survey. Among its key findings are that fewer than one in ten young people (8 percent) have taken... or supporting materials. Finally, reporting on the findings of consultations is vanishingly rare
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Opposition lines up motions against government over Tempe
PoliticsGreek Politicswill rest on the findings of an investigation by the appeals prosecutor in Larissa, in whose... would merit the lifting of his parliamentary immunity. PASOK seems confident that the findings make... that the prosecutor’s findings on the handling of the crash site had already been submitted to Parliament in August
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NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
EconomyBankingas well. All three portfolios have received binding offers. P&L Net interest income (ΝΙΙ) fell by 4... bps. Eurosystem funding remained at 2.3 billion in Q4, unchanged QoQ. As of the end of 2017, NBG had fully eliminated Emergency Liquidity Assistance. The total amount currently consists of TLTRO funding
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBanking) in H1 came to 727 million, up by 1 percent YoY, mainly on the back of improving funding costs... noted that a binding offer had been received for the sale of the 600 million euro portfolio code.... Other impairments stood at 18 million compared to 7 million in Q2 2019. Balance Sheet Eurosystem funding
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Newsletter 74 - 20/05/2016
and Eurobank announced they have reached a binding agreement with KKR for the management of NPLs... funding. The vote on Sunday represents the final hurdle that the prime minister has to clear... of provisioning, thus binding up valuable capital that could otherwise be lent to the real economy. Two
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Govt Covid record questioned, as report highlights disparities in hospital death rates
PoliticsGreek Politicsthe original findings, but indicates a worsening of the situation during the Delta and Omicron waves... under fire for ignoring the findings, with Prime Minister Kyriakos Mitsotakis appearing to deny their existence. The updated study not only confirms the initial findings, but indicates that the risk
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBanking, has attracted strong interest. The first two phases were completed in March and binding offers..., with the Greek cost of risk for Q1 coming to 160 bps over net loans. Balance Sheet Eurosystem funding... Assistance (ELA) funding dropped to 2.1 billion in March, falling by another 1 billion euros in mid May
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Eurobank net profits at 56.3 mln in Q3 from continued operations
EconomyBanking. Binding offers have been received for Project Cairo (6.8 billion euros) and the sale of a majority... net loans in 9M, management said. Balance Sheet Eurosystem funding was unchanged QoQ at 1.3 billion euros in September 2019. Emergency Liquidity Assistance (ELA) funding has been fully eliminated
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HRADF's updated plan for 19 privatisation projects published
Economythe submission of binding offers is scheduled for the third quarter (Q3) of 2016. The next steps involve.... For the former, one expression of interest was submitted in mid-April and the submission of binding... been short-listed and the binding bids are also expected until the end of May. HRADF holds a 30
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