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NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
EconomyBankingpercent. The NPL coverage ratio stood at 76.6 percent. The bank has set a target for NPLs to stand..., is also set to close in Q4 with a gross book value of 1.2 billion euros. A portfolio of Greek shipping
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APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs
EconomyBankingin their books. The servicers that will manage the securitisation have set goals in meeting their collections... in effect after a one-year grace period to fully set up their operations. NPE numbers In its latest
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Learning the lessons of Greece's toxic decade
Agorafor the MoU he had just signed along with a new set of policies, known as Zappeio III. He promised... for elections. Tried and tested formula With the actual election date set for 2019, and needing some time
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Mitsotakis sets aside talk of next Greek president to meet Trump at White House
PoliticsGreek Politics, government spokesman Stelios Petsas said that Mitsotakis is set to announce his choice by early February... to Tsipras’s argument, especially as the Greek president is a figurehead who is often expected to set
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Newsletter 235 -17/01/2020
in the upcoming parliamentary vote. This means that she will receive The Prime Minister has managed to set.... The prime minister is set to be less successful in his effort to get the 200 votes needed to change
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Regulatory and legal challenges from the increased penetration of LNG
Legalto the European Union’s effort to achieve the targets that have been set in the framework of its...-discrimination. Therefore, it is necessary to set common goals, procedures and quality standards
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MoF to announce measures for safeguarding businesses impacted by COVID19
EconomyThe government is increasing its measures to limit the economic fallout from the impact of the coronavirus. The first set of measures is expected to be announced on Monday to support business...) has proposed a set of measures to deal with the virus’s impact, especially on small and medium-sized
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Govt steps up policy response, hoping to impede Coronavirus
PoliticsGreek Politicsto set out the measures that his government is taking to protect public health and the economy... payments, as well as tax and social security obligations for a period of four months. A second set
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Newsletter 243 -13/03/2020
increasingly gloomy about the impact of the coronavirus. The legislative act for the first set of measures... in impacted areas that had to close for more than 10 days. The government is working on a second set
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Greece puts crisis management strategy in place as it braces for virus
PoliticsGreek Politicsbe set up if necessary. This is all part of putting the country on a Level 2 crisis footing... to stay home and self-isolate and call their doctor, not the four-digit hotline which has been set up
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