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Piraeus enters agreement for sale of 2.2 bln loan portfolio
EconomyBanking, NPEs stand to be reduced by 36.5 percent to 37.2 billion from Q2 2017 until the end of 2019, higher...Piraeus Bank took another step towards reducing its pile of bad loans when it announced on Monday that it had entered into a binding agreement with APS Investments S.a.r.l. (APS) for the sale
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Newsletter 184 -23/11/2018
to achieve Greece’s fiscal goals, although pensions will be frozen until 2022. This freeze is projected... binding offers while 1.18 billion is envisaged from new projects and bidding rounds expected
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Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
EconomyMacroeconomyfinanced until the end of 2020 in the event of market turbulence and to assist with gradual market... that have had binding offers while 1.18 billion is envisaged from new projects and bidding rounds
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Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
EconomyBankingat the same rate in November. Since the end of last year until Q3, overall Eurosystem funding has declined... announced that it had entered into a binding agreement with Hoist Finance AB for the disposal
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Primary surplus target still on lenders' agenda despite snap elections
EconomyProgrammeairport site in Hellenikon. The deadline has been extended until June 28. Several other major... on Monday that it is pushing back from May 28 the deadline for binding bids to be submitted for its
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European Commission's travel guidance brings some optimism for Greek tourism sector
PoliticsGreek Politicsclosed to arrivals from third-party countries until at least mid-June but has not endorsed... and protective measures. While the guidance issued was non-binding, it sets the baseline for member-states
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Newsletter 250 -11/05/2020
recommended that Europe’s external borders remain closed to arrivals from third-party countries until... of the coronavirus pandemic. While the guidance issued was non-binding, it sets the baseline
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Newsletter 256 -03/07/2020
in 2019. Until fairly recently, the purported target for this year was 10 billion euros in receipts from... position. Alpha Bank announced on Wednesday that it had entered into a binding agreement
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBankingmillion in the year to date. Loan disbursements reached 2.6 billion until end of June 2020, on track... noted that a binding offer had been received for the sale of the 600 million euro portfolio code
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Banks end year with continued bad loan sales
EconomyBankingpercent. BoG noted that a large number of loans benefiting from moratoria until end-December 2020... of December that the bank and Intrum had signed a binding agreement for the sale of 30 percent
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