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Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
EconomyBanking) and fees, while operating expenses stayed almost flat. Asset quality The non-performing exposure (NPE... and mutual funds. Operating expenses stayed almost flat QoQ at 245 million, while the H1 figure dropped
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Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
EconomyBankingdue to other income. Net interest income (NII) and operating expenses stayed broadly flat. Asset... flat QoQ at 436 million euros as the positive impact from the lower funding cost was outweighed
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Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
EconomyBankingformation remained flat. In contrast, NPL formation stayed positive but substantially reduced, standing... expenses remained more or less flat at 223.2 million. On an aggregate basis, the figure fell by 2
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The lenders proposals on debt and funding needs that Greeks will vote on in referendum
EconomyProgrammethe institutions proposal to Athens on June 25. These documents along with the prior actions... reserves) due to be disbursed by mid July subject to the implementation by Greece of a bunch of prior... to the implementation of another bunch of prior actions. The whole amount would be credited
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Lenders set out 49 milestones for Greece to meet before next bailout tranche
EconomyProgrammemeasures. The list includes 25 prior actions arising from the memorandum of understanding (MoU... identified in the compliance report released in mid-August that were related to prior actions... commitments. Banks One of the most important tasks going forward is bank recapitalisation. A number of prior
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Coalition in rush to wrap up pending bailout issues
EconomyProgrammeto cover their capital shortfall under the adverse stress test scenario. New prior actions According... sets of prior it actions, it would not necessarily have to complete the first programme review... set of prior actions – beyond those included in the multi-bill due to be voted on Thursday
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Tight schedule to approve multi-bill, tick off remaining milestones
EconomyProgrammesome of the prior actions Greece has to wrap up to secure its next bailout sub-tranche of 2.8... security reasons. The third prior action that is included in the multi-bill involves... implemented two of the 15 prior actions so far. These were the General Assembly of Public Power Corporation
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Newsletter 154 -9/03/2018
Clock ticking on prior actions Rumours of programme extension denied as deadline approaches... prior actions if the timetable for completing the fourth review is to be proceed according to plan... in tackling 88 prior actions by May. review drags on. The European Stability Mechanism (ESM) still has
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Newsletter 155 -16/03/2018
Pressure grows for prior actions Govt faces tight schedule in meeting deadline for completion... no time to waste in completing the 88 prior actions of the fourth review, or at least almost all... will be disbursed in the second half of March, all the attention is now on completing the 88 prior actions
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Newsletter 159 -27/04/2018
at the meeting of eurozone finance ministers in Sofia, ticking off another significant prior action... swiftly enough to complete the vast majority of the 88 prior actions on time. Speaking to reporters...) in May is still feasible, although difficult. Given that only around 10 of the 88 prior actions have
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