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Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
EconomyMacroeconomyof 763 million euros, landing above target by 1.58 billion euros. Revenues Gross revenues edged down
10% -
Newsletter 144 -15/12/2017
. The budget balance in the first 11 months of 2017 recorded a deficit of 763 million euros, landing
10% -
Banks focus on reducing NPLs linked to property
EconomyMacroeconomythe 2-billion-euro portfolio: PIMCO, LoneStar, B2Kapital, Fortress in cooperation with doBank
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Eurobank net profits at 56.3 mln in Q3 from continued operations
EconomyBanking, it was reported that bids had been submitted by Pimco and doValue on behalf of Fortress for 80 percent of Eurobank
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Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
EconomyBankingInvestor DAC, an entity financed by funds managed by affiliates of Fortress Investment Group LLC
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Athens wary as exploratory talks with Turkey approach
PoliticsForeign Policy. Otherwise, we need to proceed with the logic of Europe as a fortress. This would not be pleasant
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Banks make steady progress on improving balance sheets via securitisations
EconomyBankingwith a consortium of Fortress, Bain Capital and doValue at the end of July. Frontier does not include
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Piraeus completes Sunrise II securitisation as banks stay focused on NPE reduction
EconomyBankingthe Frontier securitisation after entering talks with a consortium of Fortress, Bain Capital
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Migrant boat tragedy forces temporary halt on election campaigning
PoliticsGreek Politicsof migrants, while MeRA25 leader Yanis Varoufakis blamed the “fortress Europe” policy for the deaths
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Primary cash balance deficit at 7.12 bln in Sept
EconomyMacroeconomyeuros. The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months
10%