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  1. Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
    Photo by MacroPolis

    EconomyBanking

    of denounced NPEs in the remaining portfolio to roughly 30 percent. Binding offers have been received...-binding offers have been received for the Cairo portfolio, management noted. P&L NII fell by 2.9

    2%

  2. BoG awaits go-ahead from DG Comp over NPL scheme
    Photo by MacroPolis

    EconomyBanking

    in Greece. Also during June, Eurobank announced that it had entered into a binding agreement with PIMCO’s... make up the portfolio, with 40 percent of the properties located in Athens. Non-binding bids

    2%

  3. HRADF development plan lays out list of actions pending for privatisations
    Photo via https://www.lamdadev.com

    EconomyFeatures

    for the submission of binding offers for the 35-year concession is 21 February 2020. This date... to the project. The original binding offer deadline was in February 2019 before it was extended

    2%

  4. Coronavirus to delay much of privatisation plan
    Photo by MacroPolis

    EconomyFeatures

    binding offers. That phase would have taken place within the next few months under normal... Gas Corporation (DEPA) due to the disruption caused by the coronavirus. Nine non-binding offers were

    2%

  5. Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
    Bank of Greece

    EconomyBanking

    Alpha Bank announced on Wednesday that it had entered into a binding agreement for the disposal of a mixed pool of NPEs to Greek SMEs secured by real estate assets, code named Neptune. In a statement released by the bank, they said that they had received a binding offer from Poseidon Financial

    2%

  6. Alpha Bank posts net profits of 98 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    non-binding offers for the Galaxy securitisation. Binding offers are expected to be submitted

    2%

  7. Move to legislate on climate change offers opening to bolster environmental laws
    Photo by MacroPolis

    PoliticsGreek Politics

    of binding legislation such as that already adopted by twelve other member states. Mitsotakis stressed... binding emissions targets for the country as a whole and for the public sector, as well

    2%

  8. Mitsotakis targets rivals as Androulakis tries to shrug off doubters
    Photo by MacroPolis

    PoliticsGreek Politics

    that meaningful reform requires broad, binding consensus — but insists this consensus must be forged.... Figures such as Haris Doukas, Pavlos Geroulanos and Michalis Katrinis are pushing for a binding

    2%

  9. Bookies see comfortable win for SYRIZA, close contest for third place

    PoliticsGreek Politics

    Although bookies do not offer betting on SYRIZA winning an outright majority in the new Parliament... winning less than 28.5 percent of votes (odds at 1.75). This suggests a margin in excess of 5 percentage..., odds for winning more or less than 5 percent is identical (at 1.87 each), while PASOK’s percentage

    2%

  10. Fallout from Ukraine war being fed into calculations about next general elections
    Photo by MacroPolis

    PoliticsGreek Politics

    law with the aim of reducing the level of support needed for the winning party to claim.... The report suggested that the PM’s office has drawn up a scheme that would give the winning party... that. Under this scheme, the winning party would need around 38 pct to have a clear majority in Parliament

    2%