Search
-
Eurobank first to tackle NPL reduction via APS
EconomyBankingof 2020. This will allow Eurobank to submit to ECB stress tests in spring next year with the Cairo... securitisation is expected to reduce NPE in the second half of the year down to around 6.4 billion euros
1% -
Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgrammevariables, the arrears are seen cleared by the end of next year, privatisations intakes are very modest... itself throughout this year with the caveat that there is considerable uncertainty
1% -
Constitution tweaked, consensus sought for Greek diaspora vote and next president
PoliticsGreek Politicsthe possibility of snap national elections having to be held early next year, when the five-year term
1% -
PM aims to maintain pace of economic reforms as public worries about migration
PoliticsGreek Politicsgovernment will have passed more than 30 bills by the end of the year, reflecting the higher level... expects work on the site to begin early next year. Refugee issue The focus on economic issues
1% -
Greek pupils score below average in international rankings as long-term problems persist
Societylittle to no improvement in the performance of Greek 15 year olds, with Greece scoring below average... of the average 12 year old in Singapore or China. Apart from poor average performance, the proportion
1% -
BoG urges banks to improve quality of capital, re-doubles SPV efforts
EconomyBankingto drastically reduce operating costs further leaves Greek banks with few solutions. As of June this year... report earlier in the year, the BoG had estimated that the combined solution of APS and DTC based SPV
1% -
BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
EconomyBanking) and inhibits the systemic credit institutions. Halfway through the year, NPEs stood at 39.2 percent of loans... of the Return on Assets (RoA) and the Return on Equity (RoE), which in the first half of the year stood
1% -
Wages index drops for first time in two years, declining by 1.2 pct in Q3
EconomyMacroeconomyGreece’s seasonally adjusted (SA) Wages Index fell by 1.2 percent year-on-year (YoY) in the third quarter (Q3) of 2019, following an increase of 2.2 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures revealed on Thursday. The drop in the annual rate is the first negative reading
1% -
ND moves ahead with bill on street protests amid ideological clash with SYRIZA
PoliticsGreek PoliticsThe government is planning to make a bill introducing a stricter legal framework for street demonstrations one of its first political acts of the new year. New Democracy is presenting the draft... followed in the European Parliament elections earlier this year, likening Kyriakos Mitsotakis
1% -
Population drops slightly in 2018 despite positive net migration flow
SocietyA report by the Hellenic Statistical Authority (ELSTAT) on population movements in Greece has shown that Greece’s population shrank by 0.2 percent year-on-year (YoY). Specifically, the population of Greece was noted at 10,724,599 on January 1, 2019, compared to 10,741,165 for the same date in 2018
1%