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  1. Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
    Bank of Greece

    EconomyBanking

    Alpha Bank announced on Wednesday that it had entered into a binding agreement for the disposal of a mixed pool of NPEs to Greek SMEs secured by real estate assets, code named Neptune. In a statement released by the bank, they said that they had received a binding offer from Poseidon Financial

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  2. Athens prepares for Blinken visit, hopeful of Libya shifting position
    Photo by MacroPolis

    PoliticsForeign Policy

    or are related to natural resources explorations.” However, it is not certain whether this ruling is binding... in a case that is being ruled by a Supreme Court.” Whether the ruling is binding or not, the Greek

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  3. Mitsotakis targets rivals as Androulakis tries to shrug off doubters
    Photo by MacroPolis

    PoliticsGreek Politics

    that meaningful reform requires broad, binding consensus — but insists this consensus must be forged.... Figures such as Haris Doukas, Pavlos Geroulanos and Michalis Katrinis are pushing for a binding

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  4. Politicians have commissioned, and largely ignored, multiple reports on wildfires

    Society

    into the devastating wildfires of 2007. Mitsotakis noted that “several of the findings unfortunately still apply... to prevention. The report challenged the automatic assumption that an increase in funding would improve... of emergency funding as the fire season approached. Meanwhile, the forestry service, which prior to 1998

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  5. Mitsotakis apology for wildfires gets sceptical reception

    PoliticsGreek Politics

    with emergency funding of half a billion euros from the budget, will be directed by the Prime... areas for funding earmarked in the national recovery plan for reforestation. The PM said the areas... accused New Democracy of “burying” the findings of the Goldammer committee, which were delivered

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  6. Media freedom concerns continue to bedevil Mitsotakis govt as EC takes note
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Pressure is piling on the Greek government to respond to the findings of recent reports which... to EU funding, which has already been invoked to block Hungary from receiving RRF funds. Perhaps..., a support package for regional media and more transparency around the allocation of state funding

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  7. ECB refuses Greek government bonds as collateral: What does it mean?
    Photo by Kiefer via Flickr https://flic.kr/p/q2j8Dt

    Economy

    the waiver on Greek banks using junk-rated government bonds as collateral for funding. According... Assistance (ELA) mechanism. According to the latest official BoG data, Greek banks' ECB funding... (at the end of September) would no longer be eligible for ECB funding as of March 1 following a previous ECB

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  8. Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017

    Agora

    supported by the seasonally high inflows in December. At the same time, reliance on Eurosystem funding... Assistance (ELA) and ECB funding down by 3.9 and 4.8 billion respectively. However, this positive trend.... Despite the negative deposit trends evident in the 2-month period, Eurosystem funding continued heading

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  9. Newsletter 131 -15/09/2017

    Newsletters

    Eurosystem funding falls by 5.1 bln The budget primary balance recorded a surplus of 3.55 billion euros... by 20,315 to 917,429 in July. Greek banks’ Eurosystem funding fell for 26 successive months... and the highest since June 2016. As a result, central bank funding landed at 45.30 billion euros

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  10. Newsletter 203 -15/04/2019

    Newsletters

    , lower social security contributions for the self-employed and the funding for the rent subsidy.... Eurosystem funding falls by 625 mln in Mar Banknotes in circulation rise by 12 mln The composition of Eurosystem funding for March revealed that ECB funding made up close to 100 percent of all funding

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