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  1. Athens facing final steps in third review as next milestones identified
    Photo by Panayiotis Tzamaros

    EconomyProgramme

    , the completion of the tender for gas grid operator DESFA (the deadline for binding offers is February... with binding targets for employment, growth and fiscal discipline. If eurozone finance ministers give the green

    2%

  2. Banks focus on defining challenge of reducing NPEs
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    by Alpha Bank announcing in March that it signed a binding agreement with B2Holding group for the disposal... of NPLs by the bank to around 4 billion across 2018. Today, Piraeus expects to receive the binding offers

    2%

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

    EconomyBanking

    indicates that non-binding bids must be received by December 10, and binding bids by the end of February

    2%

  4. NBG net profits decline to 8 mln in Q3, NPLs continue to fall
    Photo by MacroPolis

    EconomyBanking

    -binding bids must be received by December 10, and binding bids by the end of February. The bank hopes

    2%

  5. Breaking up is hard to do
    Photo via Flickr https://flic.kr/p/AVZDxh

    Agora

    Council, which officially endorsed the text of the Withdrawal Agreement. This legally binding international agreement together with the non-legally binding political declaration on the future UK-EU

    2%

  6. Fears and reassurances over PPC's dire finances
    Image via www.dei.gr

    EconomyFeatures

    produced from this form of coal. The first round attracted no binding bids in February, possibly... impact of dirty energy is more apparent than ever. A second tender is underway and binding offers

    2%

  7. Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
    Photo by MacroPolis

    EconomyBanking

    of denounced NPEs in the remaining portfolio to roughly 30 percent. Binding offers have been received...-binding offers have been received for the Cairo portfolio, management noted. P&L NII fell by 2.9

    2%

  8. Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
    Bank of Greece

    EconomyBanking

    Alpha Bank announced on Wednesday that it had entered into a binding agreement for the disposal of a mixed pool of NPEs to Greek SMEs secured by real estate assets, code named Neptune. In a statement released by the bank, they said that they had received a binding offer from Poseidon Financial

    2%

  9. Banks remain largely profitable in Q2, with focus on NPL reductions
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    ’s various portfolios, management noted that a binding offer had been received for the sale... that it had entered into a binding agreement with Intrum for the purchase of 30 percent

    2%

  10. Move to legislate on climate change offers opening to bolster environmental laws
    Photo by MacroPolis

    PoliticsGreek Politics

    of binding legislation such as that already adopted by twelve other member states. Mitsotakis stressed... binding emissions targets for the country as a whole and for the public sector, as well

    2%