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Banks enhance steps to deal with NPLs ahead of stress test
EconomyBanking(compared to 65 percent today), after any outstanding single property tax (ENFIA) payments have been... as an additional measure alongside the electronic auctions of repossessed properties, which are set to begin... as their obligations to the single social security fund (EFKA).
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Banks meet NPE reduction targets in Q3, adjust targets for next two years
EconomyMacroeconomyto the end of September. This quarter’s sales was largely composed of one particular sale by a single... their NPE targets submitted last September to the Single Supervisory Mechanism (SSM) of the ECB by 1.1... in the corporate and consumer portfolios. Write-offs are set to be accelerated primarily
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Coalition suffers space agency misfire
PoliticsGreek Politics. Pappas insisted that not a single euro of taxpayers’ money has been spent on the space agency yet... In the meantime, the process of moulding the merging of Greece’s centre-left into a single and unified... will be to set up KINAL’s local and regional structure as the party takes further steps towards being
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Questions persist about timing of general elections
PoliticsGreek Politicsto make it clear if the European Parliament elections will be held using a closed list or a single... a single transferrable vote scheme, which means that the candidates who garner most votes from each... elections, it will quash the impression that the conservatives are set to stroll to victory and prove
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Eurobank net profits from continued operations fall by 12.2 pct in 2018
EconomyBankingof 2019” and that the pile would be further reduced to single digits by 2021 with an NPE deconsolidation of approximately 7 billion in a single transaction to the SPV, which the bank will securitise... with Grivalia is set to leave Eurobank with the highest total capital ratio in Greece. P&L NII rose
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Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
EconomyBankingpurchase price for Ιntrum’s acquisition of the majority share of the platform has been set at 328... to single digits by 2021, with an NPE deconsolidation of approximately 7 billion in a single
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New businesses lowest in Greece versus EU with funding obstacles burdening enterprises
EconomyFeatures, Greece has remained in bottom place since 2015, the year for which the data set first became... type of company in Greece falls under the classification of single traders, which is reflected.... Single trader company registrations rose by 4.3 percent in 2019 after having declined by 18
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Banks tout ambitious NPE plans to return to European mainstream
EconomyBankingGreece’s banks have started what was set to be a difficult year for them by winning plaudits... their NPE ratios down to single-digits by the end of 2022. On the whole, the banks’ performance has been... their NPE-reduction plans to their regulator, the Single Supervisory Mechanism. Under the plans, Eurobank
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Government on mission to manage expectations in anticipation of tough winter
PoliticsGreek Politicsauthorities would be asked to take a set of measures to immediately reduce energy use, including... districts represented by a single seat, which is therefore seen as key to determining the result of national... a shrinking population in a number of regions, is expected to add four more single-seat districts
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Big two parties strengthen grip on voters, but dominance remains elusive
PoliticsGreek Politicsan opportunity to set out their stalls on the economic front, and PM Kyriakos Mitsotakis in particular... the latest polling figures optimistically, while it continues to argue that single-party rule is the only..., while 37 pct support ND’s argument that single-party governments are more stable. Right-wing
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