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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBankingis anticipated for completion by the end of the year. The bank reportedly received four offers... billion euros. The four bidders were named as Apollo Global, Centerbridge, Fortress and Lone Star. Along... targets At the end of September, Greece’s four systemic banks submitted new Single Support Mechanism
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Newsletter 187 -14/12/2018
. Nevertheless, the four remaining votes that To Potami has to offer could be crucial to the outcome... ANEL MPs, another four from To Potami would ensure a parliamentary majority. There is also a pool.... After four years of deflation, 2017 was the first year that overall prices rose in Greece
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Tsipras maps out path to next elections via Prespes Agreement and possible confidence vote
PoliticsGreek Politicson May 26. However, Tsipras repeated his intention to carry on governing for a full four-year term..., and the national elections. The disadvantage of seeing out the government’s four-year term is that the local... a situation in which there would be pressure on those who want to ratify the Prespes Agreement (four
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Newsletter 189 -11/01/2018
his intention to carry on governing for a full four-year term if he continues to have the backing..., meaning that four could support the government and help Tsipras get closer the 151 votes he is looking.... Given that Tsipras is expecting to pick up four votes for the name deal from To Potami, this may
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingpercent by 2021. In its end of January report on Greece’s four systemic banks, the rating agency... are subject to approval by the Commission’s DG Comp. In the meantime, Greece’s four systemic banks... reduction in NPEs is anticipated under the scheme while capital adequacy is maintained for all four
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Developments in Novartis probe signal new, bitter phase in pre-election battle
PoliticsGreek PoliticsGeorgiadis, Dimitris Avramopoulos and Marios Salmas) is continuing, while the probe for four (Panayiotis... April 2011 to May 2012 and has to do with the pricing of four Novartis drugs: Gilenya, Tasigna (150... into four of the 10 figures was an embarrassment for the government. Another ex-health minister
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Newsletter 202 -12/04/2019
) is continuing, while the probe for four (Panayiotis Pikrammenos, Giorgos Koutroumanis, Evangelos Venizelos... Index remains positive for four consecutive months The aggregate figure for the first two months... positive for four consecutive months so far, after the negative reading of October 2018. Month-on-month
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Primary cash balance at surplus of 232 mln in Apr
EconomyMacroeconomyin the first four months of the year according to figures released by the Bank of Greece (BoG). The headline... for the first four months of the year showed that revenues rose by 96 million euros to 14.63 billion... released by the Finance Ministry (MoF) for April showed surplus of 1.46 billion euros in the first four
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General govt primary cash surplus at 1.68 bln in April, arrears rise by 164 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 1.68 billion euros in the first four... billion euros last year. The breakdown of the figures showed that in the first four months, revenues..., with increases seen in four out of the six underlying subcategories. Tax refunds showed the largest rise
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Trade deficit drops by 5.2 pct in April
EconomyMacroeconomyin April. The aggregate figure for the first four months of the year showed a rise of 5.2 percent... for imports and exports in the first four months came to 18.56 billion and 10.94 billion... these two elements, the trade deficit showed a rise of 8.3 percent in the first four months of the year.
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