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  1. NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
    Photo by MacroPolis

    EconomyBanking

    . On the asset quality front, the Greek non-performing loan (NPL) ratio picked up in July due... in Q2. For the group, NPL also peaked to 26 percent in Q3 from 24.6 percent in Q2 with the coverage ratio easing to 71.8 percent in Q3. The most marked increase in NPL formation was recorded

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  2. Mortgage loans a key piece of NPL reduction puzzle

    EconomyBanking

    that in the second quarter (Q2) of the year, Greece’s four systemic banks had met their NPL reduction... to be formally submitted for NPL reduction targets between 2019-2021, a separate category has been... end up with banks. But to meet NPL reduction targets, the spectre of stepping up property auctions

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  3. Banks submit new NPL targets to SSM, with sales leading way in reduction drive
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    ) of the year, Greece’s four systemic banks had met their NPL reduction targets. Excluding off-balance... that sales had overtaken write-offs as the main method of NPL reduction. Other factors It has been noted...’s four systemic banks are expected to officially announce their new NPE and NPL targets

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  4. House of cards (The rise and fall of Akis Tsochatzopoulos)
    Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    , the Acropolis’s shadow virtually touched the luxury apartment the PASOK veteran purchased on Athens’ most... surprises life may throw at you. The apartment on Dionysiou Areopagitou Street was just one of many... gathered in the rain outside the luxury apartment. “Bring back our money,” they chanted. Since

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  5. Coalition opens up new political front with tender for TV licenses

    PoliticsGreek Politics

    the government to launch, and oversee, a tender for four national TV licenses. The legislation has been... owners of TV licenses. The opposition has accused the government of adopting an unconstitutional approach by passing responsibility for the issuing of TV licenses to State Minister Nikos Pappas

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  6. Final list of bidders confirmed ahead of contentious auction for TV permits
    Photo by MacroPolis

    PoliticsGreek Politics

    The final list of companies that will be competing for the four national TV licenses on the digital... of taxes and social security. The other seven bidders are existing TV stations Ant-1, Alpha, Star, Skai, E TV and two newcomers: One backed by construction firm owner Yiannis Kalogritsas and the other

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  7. New episode in Greek TV drama

    PoliticsGreek Politics

    The suspense continues. A high court will hear a case against the government over its TV licensing... the news media. The Council of State’s 16-9 decision on Tuesday to take the complaints of private TV... complicated: A bid winner dropped out and was replaced, and TV companies strafed the government and each

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  8. NBG results show net profits of 409 mln euros on strong trading income in Q1
    Image via www.nbg.gr

    EconomyBanking

    will be offset by payment moratoria. The domestic non-performing loan (NPL) remained unchanged at 7.5 billion euros. This led the group NPL ratio to stand at 21.8 percent. The NPL coverage ratio stood... (ΝΙΙ) fell by 4 percent QoQ to 277 million. This reflects mainly the rapid NPE reduction of 4.7

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  9. Mitsotakis defends his record against backdrop of tough migration package
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    are, we do not accept you”. Plevris followed up with a TV interview in which he said that non

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  10. PM prepares to defend inflation fight against backdrop of political gridlock
    Photo by MacroPolis

    PoliticsGreek Politics

    . Opinion polls Two new opinion polls released this week in Greece - by Opinion Poll for Action 24 TV

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