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  1. Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets

    EconomyBanking

    quarter, the figure came to 17.8 billion, leaving 2.2 billion to reduce by year end. Alpha Bank Towards... billion euros. The four bidders were named as Apollo Global, Centerbridge, Fortress and Lone Star. Along

    24%

  2. Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs

    EconomyBanking

    billion euros gross book value, and the sale of Sky portfolio of Cypriot NPEs worth 2.2 billion euros... on Cosmos on October 22 and NBG was in definitive agreement with Bain Capital, Fortress and DoValue

    23%

  3. Athens concerned but silent as Trump administration criticises Europe, lines up Ukraine talks
    Image: MSC/Conzelmann

    PoliticsForeign Policy

    Affairs Kaja Kallas. The meeting took stock of the latest contacts with US and Ukraine officials... President Emmanuel Macron is due to convene an emergency meeting of European leaders on Monday to discuss US

    23%

  4. Greece gets close-up view of rapidly changing US foreign policy position

    PoliticsForeign Policy

    talks with the EU’s High Representative Kaja Kallas, provoking further frustration to Brussels... meeting, deemed necessary after the recent meetings organised by French president Emmanuel Macron

    23%

  5. Consumer prices drop further by 2.2 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek consumer price index (CPI) fell by 2.2 percent in June after a drop by 2.1 percent in the preceding two months, according to the Hellenic Statistical Authority (ELSTAT). This indicates... in: transport (-3.1 percent), education (-3.1 percent) and household equipment (-2.2 percent). Prices

    23%

  6. CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
    Photo by MacroPolis

    EconomyMacroeconomy

    The rate of drop in the Greek consumer price index (CPI) remained at 2.2 percent for the second straight month in July, according to the Hellenic Statistical Authority (ELSTAT). As a result, the CPI.... The breakdown of the 2.2 percent YoY CPI fall showed the highest change was posted by housing (-7.4 percent

    23%

  7. Industrial production rises at slightly faster pace of 2.2 pct in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) increased by 2.2 percent in December after a downward revised growth of 2 percent in November, Hellenic Statistical Authority (ELSTAT) data showed... IPI rebounded 2.2 percent from the previous month, after contracting by 1 percent in November

    23%

  8. Retail sales rise by 2.2 pct in December, average growth of 1.7 pct in 2017
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales rose by 2.2 percent year-on-year in December after November’s upwardly revised decline of 1.4 percent, according to data published by the Hellenic Statistical Authority (ELSTAT.... December’s growth of 2.2 percent compared to December 2016 indicates a slight underperformance

    23%

  9. Piraeus enters agreement for sale of 2.2 bln loan portfolio
    Image via www.piraeusbankgroup.com

    EconomyBanking

    card debt to the value of 2.2 billion euros, or 385 million in on-balance sheet gross book value... than the previous target by 2.2 billion. The targeted reduction in NPLs is stated as 47 percent

    23%

  10. OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence

    EconomyMacroeconomy

    growing by 2.2 percent in 2019 from a previous forecast of 2.1 percent for 2018. The Greek Finance... 3.5 percent of GDP until 2022 and 2.2 percent of GDP on average afterwards. Looking ahead, GDP growth

    23%