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What the ECB did next - a tale from another crisis
Agorato mirror Greece in 2015. Before the latest Italian debacle, Greece had been the weakest link... to commercial banks, which then deposit those bonds as collateral with the ECB in order to access
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New Democracy gains MP as new effort to launch nationalist party announced
PoliticsGreek Politicsto defend the role of the church and feel there should be greater law and order. The agenda set out... will be watching his latest attempt at a political comeback with interest as the conservatives will want
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New Democracy fires back at Tsipras over corruption allegations
PoliticsGreek Politicssecurity clearance certificate in order to be eligible for a 1.1-million-euro public works contract... building. The leftist party argued that this is the latest indication that New Democracy officials
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Focus turns to first post-MoU visit by creditors and talks on pension cuts
EconomyProgrammeat a European level in order to avoid a further burden on pensioners.” Achtsioglou added that the government... next month. The lenders will first have to inspect the latest budget execution data for this year
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Parties take another look at granting vote to Greek expats
Societypermitted in person, so in order to vote an expat would have to return to their home voting district... been altered by latest wave of emigration, which has seen thousands of Greeks leave in the years
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Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
EconomyBankingoutstanding in order for the bank to reach its full year NPE reduction target of 15.6 billion. The NPE ratio... reduction strategy, Eurobank’s latest offering is the property-related Pixel portfolio, which has
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Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
EconomyBankingbillion QoQ and came to 29.4 billion in Q2. The latest quarter marks eleven straight quarters in which NPE... to manage our assets in the most efficient way, in order to reduce balance sheet risk and improve
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Mortgage loans a key piece of NPL reduction puzzle
EconomyBankingThe persisting issue of non-performing loans (NPLs) was one of the key items discussed last week by the government and the institutions. In its latest report, the Bank of Greece (BoG) outlined... information made known to the banks in order to identify strategic defaulters. The number of such defaulters
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Countdown to Macedonia name deal vote has PM weighing up support
PoliticsForeign Policy. According to the latest polls only 51.1 percent of voters are set to approve the deal, with 48.9 opposing.... The parliamentary speaker, Nikos Voutsis, will have to decide what order they take. Political balance Kotzias
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ANEL leader under scrutiny due to party unrest, questions over refugee funds
PoliticsGreek PoliticsDemocracy has added a distinct political flavour to the latest round of allegations. It was also... down the percentage that the winning party needs in order to form a clear majority. The way the Greek
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