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  1. Minister's actions put PM on the spot as politicians' loans stir controversy

    PoliticsGreek Politics

    to Proto Thema weekly, Polakis was issued two loans totalling 100,000 euros by Attica Bank, repayable... of public figures, Spyraki received loans totalling around 800,000 euros between 2005 and 2015, of which more than 700,000 was outstanding in 2017. Georgiadis took out three loans totalling just over 665,000

    2%

  2. Athens rushing to reduce arrears and secure 800 mln in bailout funds
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , totalling 12.6 million euros. The Labour Ministry says that it has started paying 183,430 pensions this year, totalling 1.4 billion euros. The goal is to make an expedited payment on Tuesday 10 October

    2%

  3. Banks meet NPE reduction targets in Q3, adjust targets for next two years
    Bank of Greece

    EconomyMacroeconomy

    was limited. Loan sales in Q3 came to 1.4 billion euros, totalling 1.8 billion for the aggregate period... affected re-default rates and net NPE inflows. Liquidations will remain a key driver, totalling 10.6

    2%

  4. Greek banks' NPL selloff gathers speed
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    . The National Bank of Greece (NBG) is proceeding with the sale of an NPL portfolio totalling 3... another package of non-performing loans of small enterprises, totalling roughly 1 billion euros, which

    2%

  5. NBG reports net loss of 163 mln in 2017, bad loans continue to fall
    Image via www.nbg.gr

    EconomyBanking

    with the sale of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new and 50 percent... enterprises, totalling roughly 1 billion euros, which are collateralised. This would bring the total sales

    2%

  6. NBG makes profit of 20 mln in Q1, NPE stock falls again
    Image via www.nbg.gr

    EconomyBanking

    . As part of its NPL reduction strategy, NBG is proceeding with the sale of an NPL portfolio totalling 3... another package of non-performing loans of small enterprises, totalling roughly 1 billion euros, which

    2%

  7. Overdue social security contributions top 35 bln in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent of the overdue stock related to main SSC debt, totalling 24.70 billion euros. The remaining... category of settlers relates to law 4321/2015 for a total of 118,557 settlers totalling 3.86

    2%

  8. Overdue social security contributions decrease slightly to 35.11 bln in Q2
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Around 69.1 percent of the overdue stock related to main SSC debt, totalling 24.26 billion euros... to law 4321/2015 for a total of 118,555 settlers totalling 3.86 billion. Of this amount, 10,570

    2%

  9. H1 bank results show performance stabilising, laying ground for further improvement

    EconomyBanking

    portfolio sales front. Sales totalling 14.5 billion euros were reported by the banks for the remainder... (6.8 billion euros) along with NPE reductions totalling 1.1 billion euros. Alpha Bank is moving ahead

    2%

  10. Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyBanking

    at 12.9 billion and NPL stock came to 9.1 billion in the first half of the year. Sales totalling 14.5... reductions totalling 1.1 billion euros. Alpha Bank is moving ahead with the sale for two NPΕ portfolios

    2%