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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBanking-performing residential mortgage loans. The portfolio carries a gross book value of 2 billion euros and has been code-named Project Pillar by Eurobank. The bank will retain 100 percent of the senior notes... percent of mezzanine and junior notes, with the remaining 5 percent held by Alpha Bank, along with 100
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Greece tugged down in WEF competitiveness ranking by financial system, institutions
EconomyFeaturesfrom 0 to 100. Under this system, Greece’s overall score out of 100 was 62.6 percent compared to 62.1... with an overall rank of 37. Within this category, Greece ranked at number 2 for electricity access
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Alpha Bank posts net profits of 97.1 mln in 2019
EconomyBankingloans (NPLs) in Greece came to 12.2 billion euros in Q4, up by around 100 million QoQ compared to 12.1... expenses rose by 4.3 percent QoQ to 278 million, declining by 2 percent YoY to stand at 1.07 billion... percent, down from 100 percent at the end of Q3. For Greece, the ratio fell to 98 percent from 101
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Newsletter 259 -24/07/2020
that visitors from Germany fell by 99.7 percent to around 1,400. Those from France were down by 100 percent with no arrivals registered in May. Visitors from the US, UK and Russia also fell by 100... and financial instruments totaling 1.58 billion euros, with approvals amounting to 743 million euros. 2
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Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
PoliticsGreek PoliticsMore than 100 Greeks who contracted Covid-19 died over Saturday and Sunday, making it the worst... treated in special ICU units. Around 100 of these ICU beds remained available. In a further bid..., compared to the 2 billion euros previously envisioned. Aside from measures that have been announced
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Vaccination scheme gearing up as more jabs arrive, but some scepticism persists
PoliticsGreek Politicsanother 100 million doses from the manufacturer. Greece is also in line to receive 240,000 doses... to earlier announcements by the government, the plan is to administer up to 2 million doses a month once... it is “100% safe” and accusing the government of putting the public in danger by manipulating public
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Short-term fix for electricity bills leaves open questions for green transition strategy
Societythey could go as high as 100 euros as demand increases over the winter. In the period January to July... decarbonisation goals with the alleviation of energy poverty. These include 100 million euros from the EU... transitory - namely the natural gas crunch which is expected to ease when the Nord Stream 2 pipeline comes
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Government tones down fiscal pledges as tighter framework starts to bite
EconomyMacroeconomy-standing commitment to primary surpluses above 2 pct of GDP for decades are catching up with the Greek... direction in less than 100 days, Hatzidakis is keen to ensure that there is no pressure within his party... reintroduction of the special consumption tax on fuel, at a cost of 100 million euros.
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Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agoraconstraints and new credit transmission channels As graph 2 (below) underlines, the total volume... country like Greece and the latter implementing an EU-funded bank restructuring process totalling 100..., the Bank of Greece and the Ministry of Finance.[2] The internal bad bank model for Greek institutions
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Newsletter 14 - 06/02/2015
(ENFIA abolition and new taxation) was estimated at 2 billion. However, citing government sources... of 300,000 euros. The estimated revenues from this new tax have not yet been disclosed. 2. Reports also... of Greece. For the whole year the time deposit rate recorded a drop of 100 bps on the end-2013
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