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Government feels the heat after two days of catastrophic wildfires
PoliticsGreek Politics” to avoid accountability. The government has also been criticised for understaffing the fire service which... of Germany and Austria which she said use a larger proportion of volunteers to permanent fire service staff
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PM sets out case for third term, surveys global landscape and talks up constitutional reform
PoliticsGreek Politicson private universities to ministerial liability and civil‑service permanence — the interview recast.... PASOK also rejected the government’s narrative on civil service permanence, accusing ND
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Landmark Katseli Law ruling hits lenders, eases borrower burden
EconomyBankingThe Supreme Court’s plenary delivered this week a landmark judgment that reshapes the financial and legal landscape for thousands of indebted Greek households and the institutions that service... of expected inflows. That in turn affects the timing and sufficiency of cash available to service senior
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Left poised for watershed moment as parties adjust to new opposition landscape
PoliticsGreek Politicsprivate universities (Article 16), civil service tenure (Article 103), ministerial accountability... on private universities and civil service reform – by threatening to paint the social democrats
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Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
EconomyBankingRecovery Banking Unit platform will be transferred to a new servicer company. Eighty percent of the new servicer company will be held by Intrum and 20 percent by Piraeus Bank. The company will enter into an exclusive contract to service the Bank’s existing 27 billion euros NPE portfolio, together with any
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingto issue a Core II bond. The company will enter into an exclusive contract to service the Bank’s existing 27-billion-euro NPE portfolio, together with any new inflows. In addition, the new servicer... Europe, Eurobank’s licensed NPL servicer, Financial Planning Services S.A (FPS). The bank currently owns
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Loans under credit servicing firms drop 0.7 pct QoQ to 17.45 bln
EconomyBanking. The bank collects quarterly balance sheet data of CSFs and the loans they service and which have... that in the second quarter (Q2) of 2019, the total for loans serviced by CSFs came to 17.45 billion euros... and private non-profit institutions serviced by the CSFs dropped to 10.37 billion euros (-0.3
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Q3 sees loans managed by servicers rise by 10.8 pct QoQ to reach 20.11 bln
EconomyBanking. The bank collects quarterly balance sheet data of CSFs and the loans they service and which have been... serviced by CSFs came to 20.11 billion euros from 18.14 billion in Q2 of this year, an increase...-profit institutions serviced by the CSFs rose to 12.44 billion euros (+18.4 percent). Within
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Loans under credit servicing firms rise 17.1 pct QoQ to 23.54 bln
EconomyBanking. The bank collects quarterly balance sheet data of CSFs and the loans they service and which have... proprietors (14 percent). A breakdown revealed that in Q4, the total for loans serviced by CSFs came...-profit institutions serviced by the CSFs rose to 13.86 billion euros (+11.4 percent). Within
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Loans managed by servicers in Q1 rise by 30.9 pct QoQ to 30.82 bln
EconomyMacroeconomy. The bank collects quarterly balance sheet data of CSFs and the loans they service and which have been...) and sole proprietors (18 percent). A breakdown revealed that in Q1, the total for loans serviced by CSFs... by 72.4 percent QoQ. Finally, loans to individuals and private non-profit institutions serviced
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