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  1. Alpha Bank and Eurobank start new year with further bad loan sales

    EconomyBanking

    -performing loans (Jupiter project) which had been announced at the end of November. The portfolio... unsecured NPLs (Mercury project) with a total outstanding balance of 2.1 billion euros and a total

    5%
  2. Piraeus Bank posts net profit of 185 mln in 2018
    Image via www.piraeusbankgroup.com

    EconomyBanking

    on schedule with a total gross book value of 1.7 billion euros. These are code named Project Nemo, (secured shipping loans) and Project Iris (unsecured personal loans and credit cards, small business loans

    5%
  3. NBG reports net profits of 131 mln in Q1, accelerating profitability
    Image via www.nbg.gr

    EconomyBanking

    upcoming sales expected to take place across this year and into 2020. These include Project Symbol... of this year. Non-binding offers have also been received for Project Mirror, an unsecured portfolio

    5%
  4. Mitsotakis focuses on investment and taxes as ND launches election campaign

    PoliticsGreek Politics

    impact that the Hellinikon project is expected to have on the Greek economy, the stalled scheme..., which will be one of the elements of the project. His comments regarding Elliniko were part of a wider

    5%
  5. Promises, promises
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    accusations that it undermined the project, will immediately create 50,000 jobs. At the start of the election campaign, Mitsotakis said that the necessary ministerial decisions to launch the project would

    5%
  6. Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year

    EconomyBanking

    with total on-balance sheet gross book value of approximately 1.8 billion euros, code named Project Neptune... with total on-balance sheet gross book value of 1.9 billion euros, code named Project Orion

    5%
  7. H1 bank results show performance stabilising, laying ground for further improvement

    EconomyBanking

    of approximately 1.8 billion euros, code named Project Neptune. The second is the securitisation... value of 1.9 billion euros, code named Project Orion. In total, these sales are worth 3.7 billion

    5%
  8. FM rallies opposition to Turkey-Libya deal as Athens prepares for EastMed signing
    www.mfa.gr

    PoliticsForeign Policy

    claim that this major energy project will certainly make it more difficult for Ankara to create a fait... embraced the project and is a member of the so-called "3+1" alliance with Greece, Cyprus and Israel

    5%
  9. Release of refugees creates new difficulties for minister
    Photo by MacroPolis

    PoliticsGreek Politics

    for a full study to be conducted and several bids for the project to be made. Also, there have been complaints about the cost of some of the decorations that will accompany the project, such as plant pots

    5%
  10. Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
    Bank of Greece

    EconomyBanking

    portfolio securitisation, Project Galaxy. This portfolio represents one of the largest securitisations... named project Icon. The portfolio consists of around 2,800 non-performing, predominantly secured

    5%