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Banks focus on reducing NPLs linked to property
EconomyMacroeconomyNPL reduction targets, as well as the new framework for the protection of primary residences. As banks put sales rather than write-offs at the forefront of their NPL reduction strategy, real estate.... This week, Eurobank launched a property NPL securitisation portfolio code named ‘Pillar’. According
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Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
EconomyBankingA major NPL deal moved closer towards realisation yesterday when Piraeus Bank announced that it had... will be the largest NPL management company in Greece. In their recently released first quarter (Q1... is on target to meet its 2019 NPE reduction target of 3.5 billion. The NPL stock edged down slightly by 70
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NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBanking, with NPE coverage standing at 55.7 percent. At the same time, domestic non-performing loan (NPL) formation dropped by 1.1 billion in Q2 to bring NPL stock to 9.1 billion. This led the group NPL ratio to stand at 26.4 percent. The NPL coverage ratio stood at 77.4 percent. Regarding NPL sales, the bank
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Alpha Bank posts net profits of 4.7 mln in Q3
EconomyBankingbillion euros. By segment, NPL formation in the wholesale segment increased by 110 million euros... securitisation, NPL formation in the wholesale segment will drop by 1.64 billion euros and by a further 57 million euros in the retail segment. Within retail NPL formation declined in all three sectors
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Fighting fake news is a "to be or not to be" battle
Agorathing was confirmed – the enormous power of the fake news to do harm. This danger is especially evident..., such as the World Health Organization (WHO), have immediately recognized the danger of misinformation or fake news, in parallel with the danger posed by viruses, such as the new coronavirus and its mutations
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New political storm heads towards PM following report on Tempe recordings
PoliticsGreek Politicsis a symbolic move since ND has a comfortable majority in the House (158/300 MPs) and is in no danger.... The most immediate danger for Mitsotakis is that the Tempe furore contributes to ND’s share of the vote in the EP elections falling below expectations. Although the conservatives are not in danger of coming
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Golden Dawn draws support from surprising sources to retain popularity
PoliticsGreek Politicsalso hints at the difficulties other parliamentary parties face in trying to counter Golden Dawn’s
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Newsletter 62 - 12/02/2016
Pensions remain central issue Positive hints from Eurogroup as IMF calls for more measures The Eurogroup on Thursday evening sent a relatively positive signal, noting that progress has been achieved on important issues in the discussions between the institutions and Greek authorities
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After Brexit vote, Tsipras stresses need for political response to EU shortcomings
PoliticsForeign Policy“progressives” hints at the recent efforts made by Tsipras to build bridges with Europe’s social
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Newsletter 82 - 15/07/2016
hints at changes to electoral bill Govt at loggerheads with judiciary over Siemens trial suspension
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