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  1. Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
    Image via www.eurobank.gr

    EconomyBanking

    Eurobank’s results for the third quarter (Q3) of the year showed net profits after income tax... significantly by Eurobank’s sale of a package of unsecured consumer loans with a nominal value of 1.5 billion euros to Sweden’s Intrum. The sale was finalised on November 13. Eurobank stated that around 600

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  2. Eurobank net profits at 34.5 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    Eurobank recorded net profits of 34.5 million euros in the first quarter (Q1) of 2018, representing... part in reducing NPE stock going forward. Currently, Eurobank’s bad loan portfolio up for sale... for Eurobank. Under the adverse scenario, the bank’s CAD, including the effect of Tier II securities

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  3. Eurobank first to tackle NPL reduction via APS
    Photo by MacroPolis

    EconomyBanking

    Eurobank is planning to use 2.5 billion euros of state guarantees from the Hercules plan... the bids submitted by Pimco and doValue on behalf of Fortress for 80 percent of Eurobank’s licensed... and the Cairo securitisation mezzanine note following Eurobank’s call for binding offers from

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  4. Mitsotakis joins calls for EU to develop air defence system
    Photo by EC - Audiovisual Service

    PoliticsForeign Policy

    .” “In this new geopolitical era, our economic and monetary union must be accompanied by a strong.... “That it is a strong force to be reckoned with.” “The geopolitical and technological developments... offensive on various fronts and the difficulties faced by Ukrainian forces in repelling Moscow's forces

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  5. Fool Britannia
    Photo by Can Esenbel

    Agora

    it was coming from the leader of a country with a strong aversion to any kind of planning. Once... lies and stoking hate. “You were only meant to blow the bloody doors off,” Michael Gove’s wife, Sarah

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  6. Quo vadis Germany? Sunday's elections leave many questions in need of answers

    Agora

    of Germany is divided in strong gains for the Social Democrats in the west and north, the conservatives have... at the state level in Rheinland-Palatinate and previously governed in the state of Brandenburg

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  7. Greek shares up for the third straight week on strong performance from banks

    Economy

    The Greek stock market headed north for the third successive week posting gains of 3.9 percent mainly driven by banks (+18.6 percent), which continued recording strong gains for the third week..., Eurobank’s performance excelled surging by 47.6 percent this week followed by NBG (+29 percent

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  8. Strong start for Greek stocks but they end week down 3.4 pct

    Economy

    Despite a strong rebound on Monday, the Greek equity market traded on negative ground in the following sessions, ending the week down 3.4 percent. The initial positive reaction in the aftermath... (+4.5 percent), Eurobank (+3.2 percent), Hellenic Exchanges (+2.1 percent) and METKA (+0.6 percent

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  9. Where is Greek growth coming from?
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    . Quarterly growth rates hit -4 percent several times, and were negative overall. A truly deep recession... is not a strong saver either—hence the permanent current account deficits for the country as a whole.... Strong reforms that make the economy more competitive and less clientelist are difficult in any

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  10. April produces first fall this year for car sales, which tumbled by 7.5 pct
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    recovery in the last few years largely stems from renewal of rent-a-Car fleets, due to strong

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