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Piraeus completes Sunrise II securitisation as banks stay focused on NPE reduction
EconomyBankingPiraeus Bank announced on Monday that it entered into definitive agreement with Intrum and Serengeti Asset Management for the sale of 49 pct of the mezzanine and 2 pct of the junior notes of the Sunrise II securitisation. The portfolio consists of roughly 47,000 retail and corporate loans
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyprimary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4
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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomy1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9
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Greek stocks advance 2.6 pct for second straight week on improved investor sentiment
Economy. METKA Q4 net profit surged 68.5 percent to 38.4 million mainly driven by its sub-Saharan operations
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IMF raises growth forecast for 2019, lowers sharply medium-term expectations
EconomyMacroeconomycountries from Sub-Saharan Africa, Latin America, the Middle East, the Caribbean and countries from
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Athens looks to bolster ties with African states, beyond Libya
PoliticsForeign Policyfor elements of stability and development in sub-Saharan Africa. Rwanda has certainly a regional
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Athens homing in on non-permanent seat at UNSC
PoliticsForeign Policyin the sub- Saharan region of Africa. But it would be more significant if these contacts made
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PM heads to Egypt with eye on broader movements in East Med
PoliticsForeign Policyissue of migration which is the result of crises in the sub-Saharan Africa and the instability
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgramme: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche... remaining 310 million relate to 90 percent of HFSF current cash reserves that until the end of 2015
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Government tries to contain fallout from breach of voters' data
PoliticsGreek Politicsgiven the ongoing investigation into a potential data breach at the Interior Ministry. The MEP... Data Protection Authority, the Interior Ministry and a public prosecutor. It was also announced on Friday that Interior Ministry general secretary Michalis Stavrianoudakis and New Democracy’s secretary
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