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Banks focus on reducing NPLs linked to property
EconomyMacroeconomyportfolio consisted of around 4,700 properties worth roughly 600 million euros. A total of 101... estate on their books. The bank noted that in 2018, the total for recovered property on their books... for this year, the bank notes that it has a total of 3.9 billion euros-worth of transactions lined up
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Central govt debt falls for first time in six quarters, easing by 1.25 bln to 357.69 bln in Q1
EconomyMacroeconomyof total loans accounting for 70.6 percent. The value of FSM loans came to 252.67 billion at the end... showed a decline and came to 19.48 billion, representing 5.4 percent of the total. The breakdown also... billion. The weighted average maturity of the total debt rose to 18.06 years in Q1 from 18.17 years
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Newsletter 208 -31/05/2019
on Sunday, less than 2 percent of the total, in a disappointing performance. This has raised questions... that don't make it into Parliament gain a total of around 8 percent of the vote and that six parties... highest overall fiscal performance with a total surplus at 1.1 percent of GDP, which confirm that Greece
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Newsletter 215 -19/07/2019
of 7 billion euros, with the total this year reaching 7.5 billion. Greece’s debt managers note... according to the monthly Bank of Greece's (BoG) financial statement. The total for central bank... Central Bank (ECB) funding, bringing the total to 8.61 billion euros, while Emergency Liquidity
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Current account balance shows surplus of 300.6 mln in May
EconomyMacroeconomysurplus of 0.3 million for the same month in 2018. Total exports of goods in May came to 2.97 billion euros, against 2.86 billion in May last year. Total exports of goods grew by 3.7 percent in current prices. At the same time, total imports reached 5.27 billion euros, from 4.41 billion euros last year
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From a tsunami of debt to some sense of normality
AgoraManagement Agency (PDMA) had a provisional goal of issuing a total of just 7 billion euros of new debt... the total of maturing debt obligations, excluding the T-bills that are rolled over on maturity, at just 11.7 billion euros, which is just 3 percent of total outstanding debt and only 6 percent of GDP
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Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
EconomyBanking, from 94.4 billion the previous year. The ratio stood at 45.4 percent of total loans, down from..., Piraeus Bank has the highest NPE stock on its balance sheets with the total currently standing at 26.1... estate assets with total on-balance sheet gross book value of approximately 1.8 billion euros, code
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Newsletter 223 -11/10/2019
not even equal 30 percent of the person’s total income. Despite these criticisms and the doubts... to public coffers. The total amount to be settled via the scheme stands at 11.6 billion euros. Of those who... increased by 59,599 or a rise of 1.5 percent. Total employment reached 3.91 million people. The overall
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Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
EconomyBankingbegun operation. Compared to the Bank’s 27 billion euros NPE pile, a total of 18 licensed credit... stock on its balance sheets with the total currently standing at 26.1 billion. NPL stock stood at 17.36 billion. The Bank plans to securitise a total of 6 billion euros in bad loans by 2021. Bad loan
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Newsletter 229 -22/11/2019
the first ten months of the year, total expenditure came to 42.46 billion, landing below target..., which took the overall travel balance to 14.03 billion, equal to a rise of 12.2 percent YoY. In total... percent). The weighted average maturity of the total debt rose to 20.84 years in Q3 from 20.85 years
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