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  1. BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    ) with a total outstanding balance of 2.1 billion euros and a total outstanding principal amount of 1.3... of the banks. BoG’s deferred tax model was viewed favourably by both Alpha Bank and Piraeus in particular

    6%
  2. APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs

    EconomyBanking

    of 18 months. This can be extended by a ministerial decision. The scheme replicates the Italian model... in the end of December 2018. Out of this total, 22.83 billion are considered doubtful collection, while.... Of the NPE stock, 27.2 billion euros are under some sort of work out effort and the total collateral

    6%
  3. Authorities turn focus back to Covid-19 compliance as latest numbers trigger concern

    PoliticsGreek Politics

    the weekend, a total of 185 new cases were registered. Of these, 110 came on Saturday, making it the day... if this trajectory continues. A model put together by the Aristotle University in Thessaloniki and two... that will average 80 per day, this will lead to 11,500 total cases at the end of September, from the current 4,662

    6%
  4. NBG results show net profits of 465 mln euros on strong income
    Photo by MacroPolis

    EconomyBanking

    . Total income came to 1.46 billion in H1, up by 69 percent YoY. Deposits in Greece reached 43.3 billion... to the pandemic, with the Total Capital ratio at 16.9 percent. This provides a capital cushion... will be accelerated, as will the implementation of a more agile operating model so as to improve the Bank

    6%
  5. Vote on child custody bill reveals rifts within ND, KINAL
    Photo by MacroPolis

    PoliticsGreek Politics

    of vaccination rather than the total number of citizens vaccinated. In his weekly update on Wednesday, Health... in terms of the total number of doses administered to date, with just under 50 doses per 100 adults... used as a potential model for other key public services and particularly healthcare workers

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  6. Newsletter 411 - 09/02/2024

    Newsletters

    the possibility of top-flight foreign institutions setting up chapters in Greece, pointing to the model... (HFSF), with the transaction attracting very strong interest. Total demand exceeded the offered... by 20 pct, bringing the total to 31.05 billion euros. Imports dropped by 13.3 pct, while exports

    6%
  7. Greece signs EEZ deal with Egypt, aiming to halt Turkey's designs

    PoliticsForeign Policy

    deal signed last November between Ankara and the UN-recognized government in Libya’s Tripoli. Even... within the Turkish continental shelf” and that the agreement also violates Libya’s maritime rights... Libya maritime deal. Kastellorizo and the eastern part of Rhodes were left out, as was widely expected

    6%
  8. Mitsotakis, Erdogan keep distance at UN as summer moratorium draws to close
    Photo by Andrea Bonetti/Fosphotos

    PoliticsForeign Policy

    on the issue of Libya which will take place on the sidelines of the UN Assembly under the initiative of Italy...” by its agreement with Libya. Greece says that its agreement with Egypt annuls the Turkey-Libya... with a new, legal and permanent government in Libya and sign a maritime agreement with its southern

    6%
  9. Mitsotakis shrugs off scandals to hit back at foreign policy critics
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    with Libya, Mitsotakis reiterated his government’s position that the Turkey-Libya maritime agreement... the rival factions in Libya, allowing Libya to press territorial claims with backing from Ankara

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  10. Greece working on plan for multilateral talks in East Med

    PoliticsForeign Policy

    in the proposal are Greece, Cyprus, Turkey, Egypt and Libya. The conference does not include Israel... to be Ankara’s refusal to participate in any forum that excludes Turkish Cypriots, while Libya... from Libya to represent both factions. Whether conditions on the ground make this feasible remains

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