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Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBankingin Q2) with the respective coverage ratio remaining stable at 50 percent, while the stock stood... 20 percent each to the total NPE cut, while write-offs will make up the remaining 40 percent... coverage is seen remaining at current levels, around 50 percent. The management also sad that the joint
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Newsletter 122 - 09/06/2017
to pass on Friday a set of amendments relating to the remaining prior actions that need to be completed... by the banks, while the remaining are almost equally split between exposures past due for more than 90... percent in 2013 and further to 97.3 percent in 2016, remaining by far the highest in the EU. In its
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NBG reports net losses in Q2, NPEs down for fifth straight quarter
EconomyBanking. Having reduced its NPE stock by 3.3 billion so far, the remaining reduction stands at 5.1 billion... to 85.5 percent in Q2 from 87.3 percent in the previous quarter remaining the lowest among... that that the equity of the remaining South-Eastern Europe (SEE) assets to be divested stands
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Newsletter 153 -2/03/2018
Fourth review gets underway Government and lenders meet to discuss progress and work remaining... “objective” property values and the scrapping of the VAT discount on the remaining Greek islands... and the remaining 69 are due to be taken care of in May. The discussion in the coming weeks, though
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Newsletter 164 -01/06/2018
, the Greek government also has to move quickly to complete the fourth review’s remaining prior actions... on the remaining issues by the time the Eurogroup takes place a year later. According to reports this week..., totalling 23.15 billion euros. The remaining 8.72 billion concerned surcharges and penalties
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Multi-bill and MTFS heading to Parliament for conclusion of fourth review
EconomyProgrammeThe multi-bill containing the legislation that aims to wrap up the remaining prior actions is due... will be used for lowering taxes and 25 percent for increasing spending. In the remaining years... deliverables for the fourth review. The remaining legislation will be included in the omnibus bill, which
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Newsletter 164 -08/06/2018
and remaining as a technical adviser in the post-MoU era. Greece’s representative at the IMF, Michalis... declining by 2.3 percent in Q4. The growth YoY was 7.6 percent, remaining positive for a seventh..., remaining positive for a seventh consecutive quarter. The breakdown showed that exports of goods
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S&P revises outlook to positive, sees encouraging signs after debt deal
Economyin Greece's banking system continue to drop and all remaining capital controls are lifted. Healthier.... S&P estimates the average remaining term of Greece's debt at over 18 years, which will increase... of the banks remaining focused in reducing their non-performing exposures (NPE) based on the agreed
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Newsletter 261 -07/08/2020
and 2022. The remaining 30 percent will be released by the end of 2023. The government will also... million. With bank support guarantees at 320 million as mentioned, the remaining total was split between... at 3.91 million, down by 41,276 month-on-month and remaining below 4 million for a third month running
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Dispute with farmers set to escalate as government offer rejected by holdouts
PoliticsGreek Politics, promising more support on fuel and electricity bills. The PM warned the remaining 57 blockades who... and livestock. The PM also issued a warning to the remaining protesters to disperse, arguing... ultimatum to the remaining protesters to abandon the blockades, hinting that police would be issued
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