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Banks look for way forward as economic shutdown takes its toll
EconomyBankingof Greece’s systemic banks reported profits and solid progress on NPL and NPE reduction. As the impact... in the scheme has temporarily halted after a strong launch. On the same day that Greece’s first coronavirus... to gross receipts for NPL transactions, which are also exposed to the investment climate and the operation
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Tsipras and lenders leave themselves with fading chances of salvaging deal
PoliticsGreek Politicssuggested that the institutions had made the best effort possible. Also, Slovakian Finance Minister Peter... of programme - that's mutual priority, debt restructuring is not on the table #eurozone #IMF — Peter
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Which way now, Mr Tsipras?
Agoraof them – such as Slovakia’s Peter Kazimir - felt no compuction about openly questioning.... No majority, no ownership could dent implementation of measures & reforms #Greece #eurozone — Peter
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Podcast - Has Greece fully recovered from the crisis?
AgoraGreece has come a long way since the dark days of 2015, but has it fully recovered? In this episode of The Agora, Nick Malkoutzis speaks with Peter Sanfey and Dimitris Sourvanos, authors of the new... to stability. Peter Sanfey is the Deputy Director for Country Economics, Strategy and Policy
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Golden Dawn trial begins against complex political backdrop
PoliticsGreek PoliticsMore than 18 months after rapper Pavlos Fyssas was murdered by Golden Dawn member Giorgos Roupakias near Piraeus, the Neo-Nazi party’s leader, MPs and numerous members are going on trial. A total of 69 people, including Golden Dawn chief Nikos Michaloli...
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Androulakis positions PASOK as alternative to leading parties against phonetapping backdrop
PoliticsGreek PoliticsPASOK leader Nikos Androulakis used his maiden speech at the Thessaloniki International Fair (TIF) on Wednesday to hit out at both the ruling New Democracy party and its main rival SYRIZA, in an attempt to position the socialists as a distinct and reali...
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Mitsotakis unveils major defence package against backdrop of forces pay rise dispute
PoliticsGreek PoliticsThe government presented on Wednesday its plans for a major shake-up of Greece’s defence capabilities, which PM Kyriakos Mitsotakis claims is needed to equip the armed forces for a new era. The announcement comes after a week of upheaval in New Democrac...
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Mitsotakis defends his record against backdrop of tough migration package
PoliticsGreek PoliticsPM Kyriakos Mitsotakis used the announcement of emergency measures to tackle a surge in migrant arrivals to mark New Democracy’s six years in power. The prime minister launched an attack on his political opponents, including his predecessor Alexis Tsipr...
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Net profit of 87 mln for NBG in Q1
EconomyBanking-performing loan (NPL) ratio rose to 33.6 percent in Q1 from 33.1 percent in Q4, while the NPL coverage ratio..., the NPL ratio increased to 34.7 percent with the NPL formation rising to 127 million in Q1 from 86 million in Q4, while the NPL coverage ratio slipped to 76.5 percent. The breakdown of the Greek NPL figure
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomyincrease in the cumulative debt reflects payments against ‘old’ debt, which amounted to 852 million so
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