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  1. Piraeus announces transformation plan amid 2020 loss of 662 mln
    Image via www.piraeusbank.gr

    EconomyBanking

    securitisations, which it says will decrease its ratio of non-performing exposures (NPEs) to single... milestones that set the foundations of the next day for Piraeus Bank.” “We are taking another major step

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  2. Piraeus Bank raises 1.38 bln in share capital increase
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank completed its 1.38 billion euros share capital increase, pricing its new shares at the top of its initial price offer range. Following a three-day book-building process, Piraeus set... of loan securitisations to reduce the its ratio of non-performing exposures to single digits

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  3. FinMin sees favourable macro environment from next year, boosted by RRF
    Finance Ministry

    EconomyMacroeconomy

    . The government has set out five main objectives over the next couple of years with the primary goal being... bad loans in the banking system to single digits next year is the other objective, which is in line

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  4. Newsletter 300 - 11/06/2021

    Newsletters

    gain traction on the basis of its stance, it could set the template for future confrontations... euros, bringing the total size of the issue to 6 billion euros, the largest single security of the Greek

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  5. Alpha Bank buoyed by 800-mln-euro share capital raise
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank announced on Friday the successful completion of its 800-million-euro share capital raise, following a three-day book building process, with the price set at 1 euro per share... the extension of the Hercules APS that intends to bring NPEs down to single digits by the end of 2022

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  6. University exam results stir political differences as entrance numbers drop
    Photo by Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    decision to allow the universities to set the minimum entrance requirements was vindicated. The raising... of the number of applications to public technical colleges, which were included in a single tertiary

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  7. Hercules APS delivers largest ever quarterly NPE reduction as ratio drops to 21.3 pct in Q2
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    the previous government, which set out the framework for a distressed debt market and the Hercules APS... for another year and half, and banks intend to use it to bring their NPE ratios down to single digits

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  8. Banks moving at pace on road to recovery

    EconomyBanking

    quarters, leading to single digit NPEs by the end of 2022. These developments have not gone unnoticed... the criteria of Minimum Requirement of Eligible Liabilities (MREL) set by the Supervisory Board of the ECB

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  9. Beyond conspiracy theories: How mismanagement shaped vaccination in Albania
    Photo via https://flic.kr/p/ZbCJGu

    Agora

    more limited extent, AstraZeneca) have been set aside for “priority groups,” i.e., health workers... rates dropping in the single digits, by the end of July (after a record number of visitors had entered

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  10. Newsletter 312 - 15/10/2021

    Newsletters

    for those affected. An initial amount of 20 million euros was set aside for this purpose. The latest... securitisation to follow and will bring NPEs to single digits. The portfolio includes 190,000 loans, 77 pct

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