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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingpercent in the next 3-4 years. Asked during the conference call, the management indicated it would... profitable in the next years. During the conference call, the management provided guidance for 2016
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Piraeus posts 1.24 bln loss in Q4 on jump in loan provisions
EconomyBankingcall, the management said it expects negative new NPL formation in the course of 2016 with the NPL... ratio close to 130 percent. During the conference call, the management said deposit outflows of around
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Failure to agree on contingent measures causes further delay in conclusion of review
PoliticsGreek PoliticsMinister Alexis Tsipras will reportedly call European Council president Donald Tusk to ask... of this is likely to have much effect, and Tusk is likely to reject the call for a summit, given
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Tension rises in Greece but creditors see potential for agreement soon
PoliticsGreek Politicsdramatic call to European Council president Donald Tusk, is an indication that Athens has not given... will call elections if he feels he cannot get a deal that will be supported by his MPs. However, one could
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Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBankingthe conference call, the management stated it is not very keen to proceed to massive NPL sales... percent in the previous quarter. During the conference call, the management appeared optimistic
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Newsletter 80 - 01/07/2016
in Brussels this week. There, Tsipras reportedly issued a rallying call for social democrats not to allow... a referendum he did not need to call but whose result he promised to implement, Chancellor George
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Newsletter 91 - 07/10/2016
or a backdoor tax amnesty. The inability to enforce such schemes led the IMF this past month to call... – is prepared to call these practices into question and willing to do something about them. Instead, past
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Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
EconomyBanking. The management said at the conference call that most of the NPE reduction is due to write-offs... impact from the loan deleveraging. During the conference call, the management noted it expects low
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Obama ends with big picture amid dwindling hope
Agoranegotiation, that could potentially be good for everyone.” Repeat calls His call for debt relief... and security developments have changed the background against which Washington’s call for debt
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Mitsotakis renews appeal to PASOK and Potami for joint drive
PoliticsGreek PoliticsJust a few days after naming a shadow cabinet, New Democracy leader Kyriakos Mitsotakis has issued a rallying call to PASOK and To Potami, calling on the opposition parties to create a “front against... on truthfulness and insisted that “the luxury of neutrality” is not an option. His call for unity among
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