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  1. Greek banks' NPL selloff gathers speed
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    balance sheet, announced recently that it has signed a binding agreement with B2Holding group... balance comes to 3.7 billion euros, and a total outstanding principal amount is 2 billion euros.... Piraeus Bank expects to reduce the NPE balance to under 20 billions euros by 2020, and the NPL balance

    9%
  2. Banks focus on defining challenge of reducing NPEs
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    any distractions to tackle the major challenge of de-risking their balance sheets by reducing... target for NPEs is to reduce the balance to 16.8 billion by December 2019. The target for Eurobank... the NPE balance to under 20 billion euros by 2020, and the NPL balance to under 10 billion euros

    9%
  3. Newsletter 213 -07/01/2019

    Newsletters

    reaffirms the strong fiscal performance over the last years, which saw the primary balance settle at 4.3... from April, Bank of Greece (BoG) figures showed. As a result, the outstanding balance came to 161.16... of 314 million euros in April. The corporate lending balance's net monthly flow was also negative by 49

    9%
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    by the Company (hereinafter “the Service”). The Company also uses the personal data for related... of any changes to the Service. For more information of the Service provided please refer to Subscription... and updating of the data they indicate when registering to the Subscription Service and are able to use

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  5. Newsletter 108 - 24/02/2017

    Newsletters

    and secondary income balances Aggregate yearly figures show the C/A balance turned to a deficit of 1.1..., the marked drop in the services balance largely reflects a significant decrease of 1.2 billion.../A balance turned to a deficit of 1.1 billion in 2016 from a surplus of 205.8 million in 2015. This mainly

    8%
  6. Greece's C/A deficit for March drops sharply to 44.4 mln

    EconomyMacroeconomy

    in the trade balance excluding oil and ships. In addition, higher surplus in the sea transport balance led to a significant improvement in the transport services balance. The latter was the key contributor to the recorded jump in the services surplus by 92 percent. The travel balance remained

    8%
  7. Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln

    EconomyMacroeconomy

    services balance, while travel balance turned negative posting a deficit of 27.9 million euros... in the services’ surplus (+16.6 percent) stems from improved balance in both the travel and the transport...Greece's current account (C/A) balance showed a deficit for the third successive month in December

    8%
  8. Current account surplus almost doubles to 1 bln in June
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    prices rose by 4.3 percent. The deterioration in the services balance mostly stems from lower net... and subsidies of products, while the rise in the secondary income balance mostly stems from the improved general government balance. The aggregate figures for first half period point to a drop

    8%
  9. Loans managed by servicers rise by 10.44 bln in Q3 as banks clean up balance sheets
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    institutions serviced by the CSFs rose to 32.58 billion euros, up by nearly 5 billion euros. Within

    8%
  10. Trade after Brexit: How Greece and the EU will be affected

    Agora

    with barriers and charges on trade. Trade balance data, though, indicate that - with the EU exporting...) and 30th in exports to the UK (with over 48 billion pounds). Again, the positive balance of exports... affect this positive balance. Only three countries (Malta, Luxembourg, Ireland) are importing from

    8%