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Banks submit new NPL targets to SSM, with sales leading way in reduction drive
EconomyBankinginto place. These include an improvement in the economy in order to avoid the creation of new NPEs while..., as selling piles of loans at sub-par prices could have the undesired effect of creating loss
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Moments to remember from the euro crisis
Agoramanaged to become a credible currency in the global economy and showed its resilience during.... Finally, he underlines that in terms of growth per capita, the euro area has been on a par
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Eurobank net profits at 56.8 mln in Q1
EconomyBankingmake full use of all public tools provided for the restart of the economy, responding to strong... for above-par profitability for Eurobank,” he concluded.
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Parties square up for all-out battle over upcoming labour bill
PoliticsGreek Politics. Other features include the legal recognition of “gig economy” jobs, redundancy pay for manual labourers putting them on a par with office workers, enhanced job protection for pregnant women and new
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S&P upgrades Greece to 'BB' with positive outlook in expectation of post-pandemic upside
EconomyFriday’s move, S&P is now on a par with Fitch. Both are ahead of Moody’s, whose rating stands at ‘Ba3... the economy to grow by 4.9 pct this year and accelerate further to 5.8 pct in 2022
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Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
Economyare now at par at ‘BB’, one notch ahead of Moody’s at ‘Ba3’, the ‘BB-‘ equivalent. Moody’s also... requirements and poor economic performance, lasting impact of the pandemic on the economy and adverse
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Govt readies targeted support for energy bills in bid to contain cost of living crisis
PoliticsGreek Politics, at least on a par with that of the pandemic. Although at the start of the energy crisis Mitsotakis and his... was to be a positive story for the economy, as Greece is expecting a liquidity injection in the form of a 3.5-billion
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Govt hails success of vaccine mandate amid continuing surge in 'hard' indices of pandemic
PoliticsGreek Politicsamounted to politically-biased reporting “would not sit well in the EU”, putting Greece on a par... recently over matters ranging from the handling of the pandemic to the management of the economy
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BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
Economyas the economy bounced back and employment increased. Fiscal sustainability is closely tied to the national goal..., a below par education system and the public sector coming short in maximizing the benefits of EU
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Inflation and property data cloud economic picture
EconomyMacroeconomyAlthough most of the attention after the Easter break in Greece has gradually shifting towards the European Parliament elections on June 9, the economy continues to pose challenges for the government... years, putting Athens in par with London when incomes are factored in. By the same metric, Athens
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