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Review set to resume in Athens as debt talks drag on
PoliticsGreek Politicscoming up in September. As far as Greece is concerned, a clear and binding commitment to making... to participate (with funding of around 4 billion euros). However, reports in the international media suggest
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Tsipras clears hurdle but isn't over finishing line
Agorafunding. It is then that Tsipras will be able to stand before voters and say that it was under his, albeit... will have to live up to their side of the bargain and produce a binding promise regarding debt
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Newsletter 170 -13/07/2018
by 0.8 percent in 2018. Eurosystem funding falls by 4.56 bln in June Figure stands at 16.31 bln for the month, falling under 20 bln Greek banks’ Eurosystem funding declined substantially in June, falling... revealed. June’s reduction brings the total for central bank funding to 16.31 billion euros
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Stress mounts ahead of ECB's tests on Greek banks
Economyat the baseline, which was the binding scenario for capital shortfalls, and 9.4 billion under the adverse... reservations regarding the BoG stress test outcome. The first relates to the binding scenario with IMF noting
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Piraeus port privatisation moves a step closer
EconomyBankingThe deadline for the submission of binding bids for the acquisition of a 67 percent stake in Piraeus Port (OLP) expired on Monday, with the Hellenic Republic Asset Development Fund (HRADF) noting..., press reports indicate that only COSCO submitted a binding offer on Monday. COSCO, one of the largest
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Alpha, Eurobank sign agreement with KKR for management of NPLs
EconomyBankingIn a joint press release, Alpha and Eurobank announced on Tuesday that they have reached a binding agreement with KKR Credit for the management of credit and equity exposures to a number of selected.... However, the agreement remained on paper with Piraeus noting in April 2015 that the binding exclusivity
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New rules on sale of NPLs come into play after approval of omnibus bill
EconomyProgrammewith a binding timetable on a comprehensive mechanism of effective management of private debt. In addition..., which signed a binding agreement with KKR Credit for the management of 1.2 billion corporate NPLs
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First phase of process to find strategic investor for ADMIE completed
Economyof the process, which includes a due diligence and the submission of binding offers by the end... will announce by October the date for submission of binding offers for the sale of all PPC shares in ADMIE
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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBankingindicates that non-binding bids must be received by December 10, and binding bids by the end of February
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Breaking up is hard to do
AgoraCouncil, which officially endorsed the text of the Withdrawal Agreement. This legally binding international agreement together with the non-legally binding political declaration on the future UK-EU
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