Search
-
Study proposes higher public spending to counter expected rise in NPLs
EconomyFeaturesin incentives to credit institutions to boost credit expansion to the economy will have a short-term
4% -
Govt and opposition stake out positions on pandemic impact measures
PoliticsGreek Politicsthe ESM’s emergency credit line, which due to its inherent conditionality has been dubbed “another MoU... Stournaras emerged on Monday as a lone voice in favour of taking advantage of cheap credit wherever
4% -
Athens welcomes volume, form of Commission's pandemic recovery plan
Economy, the potential 200 billion loans from EIB that will be mostly directed to SMEs, and the ESM’s pandemic credit... that the government was wary of considering the option of the ESM credit line, despite being able to claim up
4% -
Alpha Bank posts net loss of 10.9 mln in Q1
EconomyBankingof forward - looking macro parameters used in the models to calculate expected credit losses, management... volatility and drawdown of untapped credit lines deposited in sight accounts. Breaking down Greek inflows
4% -
Reshuffle back on the cards as PM unveils plans for Greek industry
PoliticsGreek Politicsmeasures proposed by the government, including a 100 percent tax credit for companies’ R&D spending, a 50 percent tax credit for “business angel” investments, and increases to the building coefficient
4% -
Loans managed by servicers in Q1 rise by 30.9 pct QoQ to 30.82 bln
EconomyMacroeconomyThe Bank of Greece (BoG) released statistics for the first quarter (Q1) of 2020 regarding the operations of Credit Servicing Firms (CSFs) in Greece. BoG said that the data was being provided as part... transferred by domestic credit institutions to specialised foreign financial institutions. The data
4% -
Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
EconomyBankinginto an agreement with Bain Capital Credit for the sale of a non-performing secured corporate loan portfolio code... of the portfolio to a loan and credit management company regulated by the Bank of Greece (BoG) under
4% -
Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
EconomyFitch re-affirmed Greece’s credit rating to ‘BB’ on Friday night, maintaining the stable outlook. Fitch was the last rating agency to upgrade Greece. At the end of January, it raised its rating... by the ECB initiatives and the inclusion of GGBs as collateral in credit operations. Pressures
4% -
Newsletter 273 -13/11/2020
In an unexpected move on Friday night, Moody’s upgraded Greece’s credit rating by one notch to ‘Ba3... last year, S&P had raised Greece’s credit rating to ‘BB-‘, while Fitch moved Greece up to ‘BB
4% -
Newsletter 278 -14/12/2020
sector. In the meantime, the government has been able to take credit for a series of inward investments... pandemic credit risk. NPEs have dropped during the year by close to 10 billion euros, mostly assisted
4%