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Samsung buys out Innoetics in latest boost for Greek tech sector
EconomyFeaturesstartup success story. Innoetics was bought up with 100 percent ownership by Samsung at a sum that has
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Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity
EconomyMacroeconomyincreased by 100 million, the first increase since June 2016. Specifically, ELA funding was reduced
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Newsletter 127 - 14/07/2017
in the Emergency Liquidity Assistance (ELA) funding by 2.77 billion. ECB funding increased by 100 million
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Overdue social security contributions increase 827 mln to 23.3 bln at end of Q2
EconomyMacroeconomyof overdue SSCs in up to 100 installments. Collection The collection of contributions remained above
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NBG reports net losses in Q2, NPEs down for fifth straight quarter
EconomyBanking100 million have been recorded so far in Q3. As a result, the loan to deposit ratio improved further
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Alpha Bank remains profitable in Q2, NPEs reduced further
EconomyBanking”. It is worth noting that the bank overshot the June NPE target by 100 million. Overall, the NPE ratio
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Greek banks meet NPE reduction targets in Q2, write-offs remain primary source of reduction
EconomyBankingalso slightly above target by 100 million and came to 18.8 billion. This performance in turn manifested
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PM looks for positives as Eurogroup and oil spill cause concern
PoliticsGreek Politicswas the sole bidder for the Greek company during last year’s tender. The transfer of a 100 percent stake
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Mitsotakis pledges tax cuts and reforms, hopes for lower fiscal targets
PoliticsGreek Politicsinvestments are the key driver of economic growth,” he told journalists on Sunday. “Greece needs 100 billion
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Eurobank sells NPL package in attempt to reduce bad debt pile
EconomyBankingEurobank became the first Greek systemic bank to sell a package of non-performing loans (NPLs) as Greek credit institutions attempt to tackle non-performing exposures (NPEs) in excess of 100 billion euros in their balance sheets. Eurobank sold a pool of unsecured consumer loans with a nominal value
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