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Greece and Cyprus gain strategic weight amid Middle East turmoil
PoliticsForeign Policyreturn from Cyprus, President Macron made a brief stopover in Crete, where he visited the French
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Greece aiming to strike strategic balance in Persian Gulf
PoliticsForeign Policywas also reflected in the recent regional tour of Defence Minister Nikos Dendias, who visited Saudi
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Macron’s visit to Athens delivers agreements, messages and political meaning
PoliticsGreek Politicsattack on the British base on the island. The Greek PM subsequently visited Cyprus with Macron
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The complexities of regaining market access: Could Greece learn from Portugal?
Agorathat it is intending to return to international credit markets during the course of this year... international credit rating agencies, namely S&P and Fitch. It is noteworthy that such rating agencies... ‘precautionary credit line’ to facilitate access to financial markets after exiting the European part of the MoU
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Significant post-election economic challenges await Greek coalition
EconomyCredit to the private sector has been limited over the past few years. Credit expansion turned... create opportunities for credit expansion should the economy start to rebound and the huge stock
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Alpha Bank acquires Citigroup's retail banking unit in Greece
EconomyBankingfor Alpha after the acquisition of Emporiki Bank by Credit Agricole in 2012. The consideration stands...) net loans, mainly credit card balances of 0.4 billion c) network of 20 branches with 730 employees... in corporate and consumer business with particular focus on the wealth management services and credit card
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NPLs: The Achilles heel of the Greek banking system
Agora. The breakdown per sector showed consumer credit NPLs remain at the top with their ratio at 47.3 percent (from... a significant discrepancy in the BoG numbers. According to the Commission, the consumer credit NPL ratio... by the BoG governor do not only include the credit risk of Greek private sector loans. Although
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Samaras, Venizelos suggest EU support for Greece to continue after tough week on markets
PoliticsGreek Politics. A precautionary credit line that would protect the country from possible turbulence on the markets is part...) to create a precautionary credit line that would not require Athens to agree to a new Memorandum... credit to secure ECB/EBA approval as well as ECB decision to provide extra liquidity to Greek banks
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Greek banks may soon breathe sigh of relief on capital needs
Agoramarkedly the legislation on the conversion of the banks’ deferred tax asset (DTA) to tax credit..., October 17, which outlined the government’s plan for asking for precautionary credit support from the eurozone. The key element of that credit line would involve using whatever remains of the Hellenic
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Eurobank reports loss of 186.6 mln in Q3
EconomyBanking) to 3.7 billion (50.5 percent) and consumer credit NPLs to 3.1 billion (44.6 percent of total). NPL... and housing loans. The management estimates zero deleveraging in Q4 and positive credit growth... to technical adjustments related to the deferred tax credit (DTC). The fully-loaded Basel III CET1 ratio
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