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  1. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank trimmed its net losses to 6 million euros in the first quarter (Q1) of 2017 from 12 million in the previous quarter. Pre-provision income (PPI) rebounded by 12 percent quarter-on-quarter... to 41 billion and management said that deposit flow stabilised in Q2. The Common Equity Tier 1 (Tier1

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  2. Loans managed by servicers stabilise near 87 bln in Q3 as securitisations conclude

    EconomyMacroeconomy

    The universe of loans managed by Credit Servicing Firms (CSF) has stabilised since Q1 this year and in Q3 it stood at 86.8 billion euros, according to data released by the Bank of Greece (BoG) on Friday. This represents a minor drop of roughly 200 million euros quarter-on-quarter During 2022

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  3. Newsletter 67 - 18/03/2016

    Newsletters

    as well as a jump in loan provisions. Core pre-provision income (PPI) improved by 6 percent quarter... to be stopped in the neighbouring country and sent back to Greece. Their exodus put further strain... that they should follow to cross the border. It is not clear who put together the fliers, which contained

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  4. A summit of little substance

    Agora

    allegations – to put on a very public display of closing ranks at the highest EU level could be seen... and Monetary Union”: there will be no single European deposit guarantee scheme, no automatic stabilisers

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  5. OECD's Greek debt forecast shakes foundations of troika DSA

    EconomyMacroeconomy

    unemployment and the flexibility in labour markets, which could put further pressure on nominal wages... on the assumption that automatic stabilisers will need to operate partially. The OECD also questions

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  6. Early rounds of talks with lenders focus on possible prior actions

    EconomyProgramme

    including Sundays. 14) Restructuring of Athens public transport (OASA). 15) Change in the legislation

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  7. Agreement on third bailout with revised fiscal and macro targets, host of prior actions

    EconomyProgramme

    ) Restructuring of Athens Public Transport Organisation (OASA). The schedule is for the agreement

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  8. These are the bailout deliverables expected from Greece in September

    EconomyProgramme

    the restructuring plan for the Athens Urban Transport Organization (OASA) that was agreed

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  9. Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche

    EconomyProgramme

    privatisation and restructuring of the Athens public transport organization (OASA). A second list of prior

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  10. Complex privatisation fund faces tall order to reduce Greek debt

    Economy

    to CPH, namely those of Athens public transport companies (OASA, OSY and STASY), the Olympic

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