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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBankingtargets At the end of September, Greece’s four systemic banks submitted new Single Support Mechanism
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Newsletter 183 -16/11/2018
Single Support Mechanism (SSM) guidelines. under which the banks’ bad loans will be tackled. The new
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Tsipras encounters obstacle in efforts to secure church deal
PoliticsGreek Politics. Ieronymos, seen mostly as a moderate, clearly does not have the support of all his bishops
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Central government debt increases by 10.7 bln to 356.03 bln in Q3
EconomyMacroeconomyincrease in financial support mechanism loans (FSM) by 14.42 billion euros, along with a rise
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OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence
EconomyMacroeconomymeasures in the 2019 budget are expected to support this outcome, most notably lower corporate income tax
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Newsletter 184 -23/11/2018
2011, when it came to 367.98 billion. The Q3 debt largely reflects a QoQ increase in financial support
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Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
EconomyBanking, Eurobank is well-placed to support growth in all the economies and the communities we serve,” he concluded.
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Moments to remember from the euro crisis
Agoraanother four member states since then. Also, the ex-ECB president points to support for the euro remaining
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Tsipras points to tax cuts as example of bailout exit benefits
PoliticsGreek Politicsto be a major blow to the popularity of Tsipras and SYRIZA. However, the financial support provided
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Parties vie for voters' attention as New Democracy prepares for congress
PoliticsGreek Politicsto be approved at committee level on Friday, with the support of the opposition parties, before the bill is put
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