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Newsletter 97 - 25/11/2016
disclosed the targets submitted to the SSM, which call for a reduction in the 2015 non-performing loan.... Mitsotakis first issued his call on Monday at a book launch in Athens and repeated the message when... and funding. The rating agency estimates that banks’ non-performing exposure (NPE) ratio will decline to 40
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Politicians have commissioned, and largely ignored, multiple reports on wildfires
Society, but with institutions – it was a call to upgrade fire prevention and reverse the separation between... unheeded. More than a decade later, the Goldammer report reiterated that call even more strongly... into the devastating wildfires of 2007. Mitsotakis noted that “several of the findings unfortunately still apply
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Opposition demands scrutiny of surveillance verdict by Parliament
PoliticsGreek Politicsargued that it would be against the rules of Parliament to call judges to testify on specific rules... parliamentary inquiry in 2022 which ended in stalemate after the government majority refused to call several... spyware. On Wednesday, opposition parties expressed shock and disbelief at the findings of the Supreme
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Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBankingthe conference call, the management stated it is not very keen to proceed to massive NPL sales... percent in the previous quarter. During the conference call, the management appeared optimistic... to 478 million largely on reduced funding cost attributed to lower reliance on the Emergency
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Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
EconomyBanking. During the conference call, the management said that out of the new entries worth 800 million in the net...-offs for the bank to meet its committed targets. During the conference call, the management indicated... percent QoQ to 487 million in Q3, mostly reflecting a calendar effect, while the reduced funding
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KINAL edges towards more central role in political developments
PoliticsGreek Politicsparty political, importance. The left-wing leader repeated his call for Mitsotakis to call early... made by SYRIZA leader Alexis Tsipras in a TV interview and the findings of a new opinion poll. Speaking...’s findings regarding the general mood among voters provide little hope for the government
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Parties tussle over scope of surveillance probe as latest poll puts Mitsotakis in frame
PoliticsGreek PoliticsSkandalidis said that they intended to call everyone with an involvement to testify, up to and including... Androulakis’s surveillance “a big mistake” and endorsed PASOK’s call for the reason behind it to be stated... its findings, although this deadline could be extended if necessary. Government sources have
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Rise of fringe party complicates election arithmetic
PoliticsGreek Politicsto appear before the committee since the correct process is for the panel to call experts to speak... on the committee to call ADAE chief Christos Rammos if the ND deputies do not relent. SYRIZA and PASOK... and Privacy (ADAE) to brief them on the findings of the agency’s investigation into the wiretapping affair
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Piraeus posts 1.24 bln loss in Q4 on jump in loan provisions
EconomyBankingcall, the management said it expects negative new NPL formation in the course of 2016 with the NPL... ratio close to 130 percent. During the conference call, the management said deposit outflows of around... billion for the full year, on higher funding cost related to increased reliance to the Emergency Liquidity
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Newsletter 42 - 11/09/2015
indicators suggest the result is still too close to call, either in terms of winners and losers... that these “outsiders” – if we may call them as such for the sake of the argument – care very much... scenario for the four core banks. Although the binding scenario was the baseline, the Greek banks
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