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Mortgage loans a key piece of NPL reduction puzzle
EconomyBankingThe persisting issue of non-performing loans (NPLs) was one of the key items discussed last week by the government and the institutions. In its latest report, the Bank of Greece (BoG) outlined that in the second quarter (Q2) of the year, Greece’s four systemic banks had met their NPL reduction
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Greek banks maintain focus on key areas as elections approach
EconomyBankingGreece’s systemic banks are continuing tackling several key issues as the summer sets in and against the general tide of a pre-election slowdown, with the main areas of focus the reduction of non-performing loans (NPLs) in their books and the improvement of their capital position. Following
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Greece braces for potential impact of coronavirus on key economic sectors
PoliticsGreek PoliticsKey sectors of the Greek economy are expected to suffer the effects of reduced travel and trade due to the spread of the coronavirus. Concerns are being raised for the first time publicly that a global slowdown due to the disease could have a significant impact on Greece’s fragile recovery
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New Year reshuffle brings more MPs into cabinet, keeps key ministers in post
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis began 2021 by announcing a new cabinet line-up on Monday, a move which had been widely expected but whose details had been closely guarded until the official announcement. Despite widespread speculation about radical changes, most key ministers have retained
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Fitch leaves rating and outlook unchanged, underlines fiscal performance key to higher grade
Economypath of the debt-to-GDP ratio thanks to primary surplus and robust growth will be one of the key
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Rising contributions spark concern in key voter groups
PoliticsGreek Politicsfor Greek sovereign debt next year and sees the primary surplus as key to achieving this goal. One
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Privatisation of key northern ports on hold amid strategic rethink
PoliticsGreek Politics, while it was also reconsidering plans for Kavala. Both ports were key to the next stage
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Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
Economythat durability is key in the assessment of the agency as it wants to secure a solid base
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Outsider Kasselakis on track to lead SYRIZA after securing key backers
PoliticsGreek PoliticsSupport is growing for Stefanos Kasselakis leading up to the run-off for the SYRIZA leadership after several key party figures declared their support for the upstart candidate. Kasselakis secured a surprise win in the first round of elections with 44.91 percent, beating the former favourite Efi
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Resignations of two key aides undermines PM's attempt to rebuff crash cover-up claims
PoliticsGreek Politicsto the resignations of Bratakos and Papastavrou. This omission and the loss of these two key figures from
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