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Piraeus completes Sunrise II securitisation as banks stay focused on NPE reduction
EconomyBankingPiraeus Bank announced on Monday that it entered into definitive agreement with Intrum and Serengeti Asset Management for the sale of 49 pct of the mezzanine and 2 pct of the junior notes of the Sunrise II securitisation. The portfolio consists of roughly 47,000 retail and corporate loans
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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomy1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9
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S&P raises Greece’s rating by two notches in first upgrade since Sept 2014
Economyinevitable in the next 6-12 months. The probability of Greece leaving the eurozone remains higher than 33
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Marked improvement for budget execution in Oct, primary surplus outperformance extended
EconomyMacroeconomyof taxpayers pay their respective tax via credit cards in 6-12 monthly installments. However, the state
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Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln
EconomyMacroeconomytheir respective tax via credit cards in 6-12 monthly installments, while the state collects the whole
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Addressing some misconceptions about Greek budget revenues and unpaid taxes
Agorain 6-12 monthly instalments. However, the state receives the whole tax upfront, which explains
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Primary surplus targets become part of main political agenda ahead of elections
PoliticsGreek Politicsit immediately,” he said. “I’ve said ‘give me 6-12 months to prove that I’m serious in terms of reforms
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Newsletter 197 -8/03/2019
. “I’ve said ‘give me 6-12 months to prove that I’m serious in terms of reforms
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Glimmer of hope for efforts to negotiate over tax-free threshold, but not primary surplus
EconomyProgrammethat he is serious on the reform front during his first 6-12 months in power and then try to convince
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Greek-Italian sea borders, EEZ pact ties up loose end but also carries wider significance
PoliticsForeign Policyfishing activity of Italian fishermen in the area remains between 6-12 nautical miles, which today
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