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Mortgage loans a key piece of NPL reduction puzzle
EconomyBankingtargets. Excluding off-balance sheet items, the NPE stock was reduced by 3.8 billion euros quarter... for the forward-looking capital adequacy of Greek banks,” he said. Mortgage loans As mentioned... Greek banks have agreed to adhere to, non-performing exposures (NPEs) in the housing market should
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Banks submit new NPL targets to SSM, with sales leading way in reduction drive
EconomyBankingbillion euros’ worth of bad loans, according to reports in the Greek media. Of the total, 25 billion...) of the year, Greece’s four systemic banks had met their NPL reduction targets. Excluding off-balance... sales was evident in second quarter (Q2) reduction report which Greek banks released, showing
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As budget talks drag on, parties focus on inflicting damage via graft claims
PoliticsGreek Politicsthat the unresolved issues will be settled by mid-November. However, Athens has not been able to kill off, so... with a company which it hired for a visa-issuing programme. Reports in the Greek media have claimed that this small Greek firm then subcontracted the work to a much larger international company. New Democracy
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SYRIZA and ND keep name dispute alive as poll shows narrower gap
PoliticsGreek Politicsand that successive Greek governments have come under international pressure over the name issue... as possible for the SYRIZA leader and prevent him from taking the shine off the start... Agreement is ratified in Skopje, paving the way for it to be tabled in Greek Parliament. It should
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Newsletter 190 -18/01/2018
developments in countries which enjoy friendly relations with Moscow is “incompatible” with Greek-Russian... official did not appear concerned about the possibility of the next Greek government, possibly led..., off target by 1.01 billion euros. The MoF noted that the shortfall was mainly due to 1.12 billion
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Minimum wage increase set for end of January amid concerns about economic impact
Economyin an interview to the French newspaper Humanite, the decree is due to signed off at the end of January... gains made so far by Greek businesses and the Greek economy in general.” It went on to say
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Primary residences and lignite units top agenda ahead of Eurogroup
EconomyProgrammeto take place between the Greek government and the European Commission in the coming days over... is due to hold discussions with DG Comp to discuss the next steps. The Greek side appears to want... to spin-off a so-called “small PPC,” which would include all types of power generation
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Athens adjusts foreclosure framework, waits for lenders to give green light
EconomyProgramme-off from the lenders. Athens is hopeful that it can submit the bill to Greek Parliament by Tuesday...The Greek government is hoping to table in Parliament early next week the new bill for the protection of primary residences from foreclosures after another round of talks with local bankers
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Athens aims to wrap up legislation on foreclosures and issue 10-year bond
EconomyProgrammeFollowing further discussions between the Greek government and the institutions over the weekend... residences from foreclosure. Regardless of the progress on this issue, Greek authorities are aiming... be a one-off.
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Parliamentary report highlights demographics challenge and urges immediate action
SocietyGreece’s problematic demographic makeup has once again emerged as a dominant story in the Greek..., the average age for a Greek woman at childbirth (defined as the mean age of women at childbirth... activity for the country, the fertility rate fell even further due to families putting off having children
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