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  1. Travel balance increases by wide margin in June from last year's tourism collapse
    Photo by MacroPolis

    EconomyMacroeconomy

    to 790.7 million euros for the month, increasing by 852 percent year-on-year (YoY). Travel payments

    34%
  2. Greece to pay IMF but concluding negotiations will be a tougher task
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    PoliticsGreek Politics

    of almost 50 million euros for the upgrade of up to five Lockheed P3 Orion maritime surveillance aircraft

    29%
  3. BoG awaits go-ahead from DG Comp over NPL scheme
    Photo by MacroPolis

    EconomyBanking

    FPS fully. In late July, Alpha Bank launched the first round of bidding for its project Orion

    29%
  4. 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 1.9 billion euros, code named Project Orion

    29%
  5. H1 bank results show performance stabilising, laying ground for further improvement

    EconomyBanking

    value of 1.9 billion euros, code named Project Orion. In total, these sales are worth 3.7 billion

    29%
  6. 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

    Project Orion. In total, these sales are worth 3.7 billion euros. NBG is planning the sale of four

    29%
  7. Banks enter final quarter with high hopes for bad loan reduction while challenges remain

    EconomyBanking

    billion euros, code named Project Orion. In total, these sales are worth 3.7 billion euros. NBG

    29%
  8. Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
    Photo by MacroPolis

    EconomyBanking

    business loans. Around 20,000 properties are included in the portfolio. The Orion portfolio is also set

    29%
  9. Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing
    Photo by MacroPolis

    EconomyBanking

    . Project Galaxy consists of three securitisations Orion, Galaxy II and Galaxy IV for a combined

    29%
  10. Hercules nears end of its first cycle with National Bank's participation
    National Bank

    EconomyBanking

    . Project Galaxy consists of three securitisations Orion, Galaxy II and Galaxy IV for a combined value

    29%