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  1. Primary cash surplus widens to 2.85 bln in Q1

    EconomyMacroeconomy

    Greece’s central government primary cash balance improved to 2.85 billion euros in the first quarter (Q1) of 2016 from 1.19 billion last year, Bank of Greece (BoG) figures showed on Wednesday. In March, the primary cash surplus widened by 11.1 percent to 763 million from 687 million

    12%
  2. Newsletter 121 - 02/06/2017

    Newsletters

    is almost attributed to corporate sector net additions of 763 million outpacing household lending deductions

    11%
  3. Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
    Photo by MacroPolis

    EconomyMacroeconomy

    of 763 million euros, landing above target by 1.58 billion euros. Revenues Gross revenues edged down

    11%
  4. Newsletter 144 -15/12/2017

    Newsletters

    . The budget balance in the first 11 months of 2017 recorded a deficit of 763 million euros, landing

    10%
  5. Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets

    EconomyBanking

    billion euros. The four bidders were named as Apollo Global, Centerbridge, Fortress and Lone Star. Along

    10%
  6. Banks focus on reducing NPLs linked to property
    Photo by MacroPolis

    EconomyMacroeconomy

    the 2-billion-euro portfolio: PIMCO, LoneStar, B2Kapital, Fortress in cooperation with doBank

    10%
  7. Eurobank net profits at 56.3 mln in Q3 from continued operations
    Image via www.eurobank.gr

    EconomyBanking

    , it was reported that bids had been submitted by Pimco and doValue on behalf of Fortress for 80 percent of Eurobank

    10%
  8. Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
    Bank of Greece

    EconomyBanking

    Investor DAC, an entity financed by funds managed by affiliates of Fortress Investment Group LLC

    10%
  9. Athens wary as exploratory talks with Turkey approach
    Photo via https://flic.kr/p/2jQRsMX

    PoliticsForeign Policy

    . Otherwise, we need to proceed with the logic of Europe as a fortress. This would not be pleasant

    10%
  10. Banks make steady progress on improving balance sheets via securitisations

    EconomyBanking

    with a consortium of Fortress, Bain Capital and doValue at the end of July. Frontier does not include

    10%