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Eurobank net profits at 56.3 mln in Q3 from continued operations
EconomyBanking, it was reported that bids had been submitted by Pimco and doValue on behalf of Fortress for 80 percent of Eurobank
11% -
Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
EconomyBankingInvestor DAC, an entity financed by funds managed by affiliates of Fortress Investment Group LLC
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Banks make steady progress on improving balance sheets via securitisations
EconomyBankingwith a consortium of Fortress, Bain Capital and doValue at the end of July. Frontier does not include
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Piraeus completes Sunrise II securitisation as banks stay focused on NPE reduction
EconomyBankingthe Frontier securitisation after entering talks with a consortium of Fortress, Bain Capital
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Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs
EconomyBankingon Cosmos on October 22 and NBG was in definitive agreement with Bain Capital, Fortress and DoValue
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Migrant boat tragedy forces temporary halt on election campaigning
PoliticsGreek Politicsof migrants, while MeRA25 leader Yanis Varoufakis blamed the “fortress Europe” policy for the deaths
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Primary cash balance deficit at 7.12 bln in Sept
EconomyMacroeconomyeuros. The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months
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Budget primary shows deficit of 9.06 bln in October
EconomyMacroeconomyby 1.68 billion. Aggregate PIB expenditure came to 7.01 billion, overshooting the target by 2.28 billion
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Budget primary confirmed at deficit of 9.07 bln in October
EconomyMacroeconomyat 4.44 billion, above target by 1.68 billion. Aggregate PIB expenditure came to 7.01 billion
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Primary cash balance deficit at 13.45 bln in November
EconomyMacroeconomyeuros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01
10%