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Greek banks' NPL selloff gathers speed
EconomyBankingto 99.1 billion, which is 796 million lower than the target of 99.9 billion. NPL stock was down against.... The National Bank of Greece (NBG) is proceeding with the sale of an NPL portfolio totalling 3
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Banks focus on defining challenge of reducing NPEs
EconomyBankinghigher revenues as the profile of the loans is better than the one sold to Instrum. Additionally... is proceeding with the sale of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new
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Greece tops OECD countries for tax rises and spending cuts
EconomyFeaturesthan the OECD country average, but as of 2017 stood at the lowest levels out of all OECD countries... of personal tax allowances and credits. Greece is proceeding with broadening its personal income
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Lenders set to keep coalition waiting for answer on pension cuts
PoliticsGreek Politicsto retirement pay is more than just an economic matter for Prime Minister Alexis Tsipras... for proceeding with the measure. The IMF’s spokesman Gerry Rice was very clear about this point during
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Government extends pandemic support package amid opposition criticism
PoliticsGreek Politics, was poorly drafted and designed to evade scrutiny, as more than a third of the 130 articles had not been previously put to public consultation. The government’s insistence on proceeding with a major
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PM trails national recovery plan ahead, talks up growth prospects
PoliticsGreek Politicsto growth and create 200,000 new jobs. The plan consists of more than 160 actions which include... (Movement for Change) accused Mitsotakis of proceeding without the most basic national dialogue, while
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Athens aiming to boost EU-Balkan momentum
PoliticsForeign Policyagainst Turkey than anything else, however it also supports the region’s European future, rejecting..., archaeological and educational issues is proceeding slowly, while the committee tasked with finding a solution
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Bulgaria's Covid-19 vaccination fiasco: excessive risks, mediocre results
AgoraBiotech and India’s Bharat Biotech. A question of price While the exact prices the different vaccine
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Greece raised lower than expected amount from 3-year bond issue, yield at the high end
Economy” The MoF statement also notes that total offers reached 3 billion euros, materially lower than the 20... more than 550 orders from the investment community. The last time Greece issued a 3-year bond
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Samaras tax cut pledges aimed at MPs rather than voters
PoliticsGreek Politicswords were primarily aimed at MPs rather than voters. The only tangible announcement made by Samaras... tax would be 283 percent higher than in 2012, when it was raised from 60 to 330 euros per 1,000
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