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  1. Firefighting capabilities beefed up as blazes and water shortages weigh on government

    PoliticsGreek Politics

    . Mitsotakis unveiled the delivery of 164 new vehicles for Greece’s fire service. The upgrade..., the authorities also have 18,000 full-time and seasonal firefighters at their disposal. Although the fire service

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  2. Government feels the heat after two days of catastrophic wildfires

    PoliticsGreek Politics

    ” to avoid accountability. The government has also been criticised for understaffing the fire service which... of Germany and Austria which she said use a larger proportion of volunteers to permanent fire service staff

    3%

  3. PM sets out case for third term, surveys global landscape and talks up constitutional reform

    PoliticsGreek Politics

    on private universities to ministerial liability and civil‑service permanence — the interview recast.... PASOK also rejected the government’s narrative on civil service permanence, accusing ND

    3%

  4. Landmark Katseli Law ruling hits lenders, eases borrower burden
    Photo by MacroPolis

    EconomyBanking

    The Supreme Court’s plenary delivered this week a landmark judgment that reshapes the financial and legal landscape for thousands of indebted Greek households and the institutions that service... of expected inflows. That in turn affects the timing and sufficiency of cash available to service senior

    3%

  5. Left poised for watershed moment as parties adjust to new opposition landscape
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    private universities (Article 16), civil service tenure (Article 103), ministerial accountability... on private universities and civil service reform – by threatening to paint the social democrats

    3%

  6. Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
    Image via www.piraeusbankgroup.com

    EconomyBanking

    Recovery Banking Unit platform will be transferred to a new servicer company. Eighty percent of the new servicer company will be held by Intrum and 20 percent by Piraeus Bank. The company will enter into an exclusive contract to service the Bank’s existing 27 billion euros NPE portfolio, together with any

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  7. BoG awaits go-ahead from DG Comp over NPL scheme
    Photo by MacroPolis

    EconomyBanking

    to issue a Core II bond. The company will enter into an exclusive contract to service the Bank’s existing 27-billion-euro NPE portfolio, together with any new inflows. In addition, the new servicer... Europe, Eurobank’s licensed NPL servicer, Financial Planning Services S.A (FPS). The bank currently owns

    3%

  8. Loans under credit servicing firms drop 0.7 pct QoQ to 17.45 bln

    EconomyBanking

    . The bank collects quarterly balance sheet data of CSFs and the loans they service and which have... that in the second quarter (Q2) of 2019, the total for loans serviced by CSFs came to 17.45 billion euros... and private non-profit institutions serviced by the CSFs dropped to 10.37 billion euros (-0.3

    3%

  9. Q3 sees loans managed by servicers rise by 10.8 pct QoQ to reach 20.11 bln

    EconomyBanking

    . The bank collects quarterly balance sheet data of CSFs and the loans they service and which have been... serviced by CSFs came to 20.11 billion euros from 18.14 billion in Q2 of this year, an increase...-profit institutions serviced by the CSFs rose to 12.44 billion euros (+18.4 percent). Within

    3%

  10. Loans under credit servicing firms rise 17.1 pct QoQ to 23.54 bln

    EconomyBanking

    . The bank collects quarterly balance sheet data of CSFs and the loans they service and which have... proprietors (14 percent). A breakdown revealed that in Q4, the total for loans serviced by CSFs came...-profit institutions serviced by the CSFs rose to 13.86 billion euros (+11.4 percent). Within

    3%