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Athens prepares for Blinken visit, hopeful of Libya shifting position
PoliticsForeign Policythat will be formed following elections in Libya. This was set out in a Note Verbale that the Greek Foreign Ministry lodged to the Embassy of Libya in Athens last week, with which it refuted..., according to a report by the Libya Review, which was confirmed by Greek sources, the Tripoli Administrative
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Greece locked in talks with Egypt over monastery, struggles to gain footing in Libya
PoliticsForeign Policywith Libya The Greek Foreign Minister is to travel to North Africa again at the end of the month visiting both Tripoli and Benghazi, according to Kathimerini. Gerapetritis is to meet with both Libya’s...’s active presence in Libya. For the same reasons, they were also opposing the 2019 Turkish-Libyan
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Deteriorating ties with Libya become pressing challenge for Greek diplomacy
PoliticsForeign PolicyThe two note verbale recently submitted to the United Nations by Libya underlined that relations... the 2019 Turkey-Libya maritime agreement, which Greece and the EU have repeatedly declared null and void... to the diplomatic notes from Libya’s Tripoli-based government, the Greek government believes the move
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NPL resolution in Italy and Greece
Agora. Moreover, their high NPL levels on bank balance sheets have impaired the asset quality of domestic... that could otherwise be lent to the real economy. Two examples illustrate different approaches to NPL... in Rome. The magnitude of the challenge to address NPL resolution head on is reflected in the following
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HFSF study identifies constraints on developing dynamic NPL market
EconomyBanking-regulatory constraints and developments for the development of a non-performing loan (NPL) market... for the development of a dynamic NPL market which – to some extent – would relieve the banks’ debt... legislated or initiated in 2015 and 2016, the Greek institutional NPL framework still faces a number
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A market for NPL resolution
Agora-performing loan (NPL) formation. Greece is not alone in having to urgently confront a looming policy... asset class. The emphasis of many international investors looking at NPL management... and legal environment envisaged for medium-term NPL resolution, the single largest obstacle
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Athens goes along with EU over Libya, waits for Turkey's move at UN
PoliticsForeign Policyaiming to prevent any shipment of arms to Libya’s two factions. The operation will involve the deployment of warships to enforce the United Nations arms embargo on Libya. According to the EU foreign... as in Libya. Greece was not invited, again, to the Berlin process aiming for a solution for the Libyan crisis
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Athens content with Scholz's first visit, looks for US backing on Libya
PoliticsForeign Policyto be heard” government sources insisted. However, Athens was again not invited to the so-called Libya process meeting that took place last week. Libya The same issue dominated talks Mitsotakis held last week.... It should be noted that Turkey and Libya are not bordering countries and, most importantly, Egypt
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Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBankingquality front, the bank reported a negative non-performing loan (NPL) formation for the first time since..., the NPL stock edged down for the second straight quarter by another 0.5 billion to 26.4 billion at the end of March. However, due to the continued deleveraging, the NPL ratio edged up to 39.8 percent
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingbps QoQ. The domestic non-performing loan (NPL) edged down to 7.1 billion euros in Q2 from 7.5 billion euros in Q1. This led the group NPL ratio to stand at 20.9 percent. The NPL coverage ratio stood... to 44.4 percent. Total coverage stands at 101.3 percent. NPL balances in Greece declined by 1.6 billion
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