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Piraeus posts 1.24 bln loss in Q4 on jump in loan provisions
EconomyBankingcall, the management said it expects negative new NPL formation in the course of 2016 with the NPL... ratio close to 130 percent. During the conference call, the management said deposit outflows of around
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Brussels attacks prompt fears in Athens over handling of refugee crisis
PoliticsForeign Policyand there appears no let-up in the flows from Turkey. This prompted Prime Minister Alexis Tsipras to call German... to stem the flows across the Aegean. The phone call to Merkel underlined how reliant Athens
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Failure to agree on contingent measures causes further delay in conclusion of review
PoliticsGreek PoliticsMinister Alexis Tsipras will reportedly call European Council president Donald Tusk to ask... of this is likely to have much effect, and Tusk is likely to reject the call for a summit, given
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Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBankingthe conference call, the management stated it is not very keen to proceed to massive NPL sales... percent in the previous quarter. During the conference call, the management appeared optimistic
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Newsletter 80 - 01/07/2016
in Brussels this week. There, Tsipras reportedly issued a rallying call for social democrats not to allow... a referendum he did not need to call but whose result he promised to implement, Chancellor George
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Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
EconomyBanking. The management said at the conference call that most of the NPE reduction is due to write-offs... impact from the loan deleveraging. During the conference call, the management noted it expects low
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Obama ends with big picture amid dwindling hope
Agoranegotiation, that could potentially be good for everyone.” Repeat calls His call for debt relief... and security developments have changed the background against which Washington’s call for debt
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Mitsotakis renews appeal to PASOK and Potami for joint drive
PoliticsGreek PoliticsJust a few days after naming a shadow cabinet, New Democracy leader Kyriakos Mitsotakis has issued a rallying call to PASOK and To Potami, calling on the opposition parties to create a “front against... on truthfulness and insisted that “the luxury of neutrality” is not an option. His call for unity among
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Newsletter 97 - 25/11/2016
disclosed the targets submitted to the SSM, which call for a reduction in the 2015 non-performing loan.... Mitsotakis first issued his call on Monday at a book launch in Athens and repeated the message when
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Impasse in Cyprus talks puts Athens and Ankara on the spot
PoliticsForeign Policy-mediated process to resolve the decades-old dispute on the island. During a telephone call with Erdogan... to underline Greece's intention to support the negotiating process. In a telephone call on Tuesday
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