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  1. NBG reports net profits of 122 mln in Q2, highlights successful bond sale
    Image via www.nbg.gr

    EconomyBanking

    , with NPE coverage standing at 55.7 percent. At the same time, domestic non-performing loan (NPL) formation dropped by 1.1 billion in Q2 to bring NPL stock to 9.1 billion. This led the group NPL ratio to stand at 26.4 percent. The NPL coverage ratio stood at 77.4 percent. Regarding NPL sales, the bank

    15%

  2. Alpha Bank posts net profits of 4.7 mln in Q3
    Photo by MacroPolis

    EconomyBanking

    billion euros. By segment, NPL formation in the wholesale segment increased by 110 million euros... securitisation, NPL formation in the wholesale segment will drop by 1.64 billion euros and by a further 57 million euros in the retail segment. Within retail NPL formation declined in all three sectors

    15%

  3. Energy drives closer cooperation between Greece, Cyprus and Egypt
    Photo via @PrimeministerGr

    PoliticsForeign Policy

    process on the Syrian crisis, while also expressing “serious concerns over the situation in Libya.” The instability in Libya and the presence of jihadists there was highlight by the Egyptian president

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  4. Ankara tension tops govt agenda, overshadowing social dividend and primary residences
    Photo by MacroPolis

    PoliticsGreek Politics

    the spat with Turkey over its signing of an agreement with Libya regarding the delimitation... is in control of all of Libya, and Prime Minister Kyriakos Mitsotakis reportedly told Turkish President

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  5. Newsletter 231 -06/12/2019

    Newsletters

    reaching an agreement with Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal

    13%

  6. In Washington, Mitsotakis stresses economic recovery, geopolitical importance as IMF departure announced
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    a maritime agreement with Libya that infringes on Greece’s sovereign rights. Some commentators... with Libya is “null and void” because it ignores the exclusive economic zones of Greece’s islands, which he

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  7. Newsletter 234 -10/01/2020

    Newsletters

    with Ankara, which escalated following Turkey’s decision to sign a maritime agreement with Libya... actions in Libya, as well as the two memoranda signed between Ankara and Tripoli. However, Turkey’s

    13%

  8. Athens steps up diplomatic efforts amid ongoing friction with Ankara

    PoliticsForeign Policy

    of the two MoUs signed between Turkey and the UN-backed government in Libya. Greek diplomats... to Ankara's actions in Libya and the Eastern Mediterranean. It has also focussed its efforts

    13%

  9. Greece faces dilemma over how to address relations with Turkey

    PoliticsForeign Policy

    and especially in the "sea zone between Turkey and Libya". This is what İbrahim Kalin, special adviser... intervention in Libya that does not mean it is willing to risk damaging relations with Ankara in East

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  10. Athens on lookout as Ankara ramps up rhetoric and activity
    Photo via www.nato.int

    PoliticsForeign Policy

    with regards to the Turkey–Libya sea memorandum by claiming that Turkey’s and Libya’s rights

    13%