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Alpha Bank launches major securitisation as banks ready portfolios for Hercules scheme
EconomyBankingServices, the first NPL servicer licensed in Greece. The capital impact of the transaction
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Bank of Greece publishes revised Code of Conduct for management of NPLs
EconomyMacroeconomyis not serviced for at least 60 days, the bank should notify the borrower of the loan obligation within a 30-day... that would be serviced and the reaming that would be settled at a later stage) and partial debt write
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Covid-19 presents new, significant challenge in banks' effort to reduce NPLs
EconomyBankingof 10 have not been serviced for more than one year. The percentage of the mortgages that have not been serviced by more than one year, yet to be denounced, is close to 72 percent. The BoG notes
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SYRIZA reproaches PM and ministers over wealth declarations, loans
PoliticsGreek Politics, with the newspaper asking whether and how these loans are being serviced and drawing parallels with New... they owe a total of 12.7 million euros. Nobody knows how this is being serviced,” said SYRIZA spokesman
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Newsletter 191 -25/01/2018
. Banks will be able to offer haircuts on mortgages that are not being serviced, while the state... Services (IDIKA) most recent report from the Unified System of Control and Pension Payments (ILIOS... by 2.08 billion to a deficit of 3.76 billion in the first 11 months of the year. The services balance
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The EU, the troika inquiry and the big disconnect
Agorathe European clock back decades. There is an alarming laxity among key EU officials and some national..., an ongoing trend since the first popular vote to elect EU officials in 1979.” This growing... to prove too little to late. During the euro crisis, EU officials have dismissed at their peril
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Off the isles of Greece
Agorato rescue the migrants. The allegations being made against public officials are grave: That in the first... of shame for Greek officials. Yet, when faced with concern about the circumstances in which 12 people... standing as the public officials tasked with handling the immigrants and refugees who reach these shores
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Spain is not Greece: Part two
Agora. Having attempted to disassociate Athens’ fate from Madrid’s, Spanish officials have found... mayors, regional officials and high-ranking party members are implicated. However, the economic... is stalled above 20 percent, Spanish officials trust that it will end below that mark this year. Debt
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No quick solution to Greek liquidity problem; reforms list holds key
PoliticsGreek Politicsmeetings with European Union officials in Brussels last Thursday and with German Chancellor Angela... officials saying the Greek government would run out of money on April 20. Euro Working Group experts... to bridge it. Greek officials, including Finance Minister Yanis Varoufakis, have been uncharacteristically
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Regling and Wieser: The key points
Agorain Greece. The two eurozone officials had, as one would expect, converging views on key aspects... as a member of monetary union are not respected” IMF Both eurozone officials state their expectation... officials appeared to have any concerns on programme implementation and ownership, although the ESM
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