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Greek banks' NPL selloff gathers speed
EconomyBankingbalance 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
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Banks focus on defining challenge of reducing NPEs
EconomyBankingany 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
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Newsletter 213 -07/01/2019
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
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Newsletter 108 - 24/02/2017
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
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Greece's C/A deficit for March drops sharply to 44.4 mln
EconomyMacroeconomyin 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
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Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln
EconomyMacroeconomyservices 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
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Current account surplus almost doubles to 1 bln in June
EconomyMacroeconomyprices 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
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Loans managed by servicers rise by 10.44 bln in Q3 as banks clean up balance sheets
EconomyBankinginstitutions serviced by the CSFs rose to 32.58 billion euros, up by nearly 5 billion euros. Within
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Trade after Brexit: How Greece and the EU will be affected
Agorawith 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
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