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NBG results show net profits of 465 mln euros on strong income
EconomyBankingportfolio, Project Icon, which includes denounced, non operating corporates, SME and SBLs totalling 900
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingat 81.9 percent. Regarding sales, a domestic portfolio, Project Icon, which includes denounced, non
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NBG results show net profits of 602 mln euros in 9M
EconomyBankingpercent. Regarding sales, a domestic portfolio, Project Icon, which includes denounced, non operating
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Tsipras fails to halt strike as domestic political battle heats up
PoliticsGreek Politicssaid that he will look for a private contractor to take over this task. Another flashpoint between
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Greek-Turkish tensions flare over Turkey’s bid to join SAFE
PoliticsForeign Policystipulates that “involvement of the contractor or subcontractor in the common procurement does
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General gov't primary surplus halves in Q1, arrears and guarantees jump
EconomyMacroeconomyfor January and February arrears were upward revised by 122 and 138 million respectively. The biggest MoM rise was recorded in SSFs (+122 million) and hospitals (+116 million) followed by tax refunds (+60
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NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
EconomyBankingNational Bank of Greece (NBG) reported a net profit of 171 million euros from continued operations in the third quarter (Q3) of 2019, compared to 122 million euros in Q2. Factoring in discontinued operations, profits stood at 16 million in the quarter compared to profits of 122 million in Q2
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How the pension fund that invested heavily in Attica Bank lost half its reserves
Agoracurrently controlled by TSMEDE corresponds to 0.62 euros per share. Following the sharp drop in bank...The Engineers and Public Contractors Pension Fund (TSMEDE) found itself in the spotlight over the last few days as a result of being the major shareholder in Attica Bank, which faced a number
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Tsipras berates govt over treatment of pensioners
PoliticsGreek Politicseuros per month will receive the stipend. The fiscal cost is estimated at 135 million euros.... However, the introduction of almost 500 private-sector contractors does not seem to have contributed
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Government seizes crisis moment to boost investment in energy infrastructure
PoliticsGreek PoliticsBulgaria to take delivery of 1 billion cubic metres of gas from Azerbaijan per year, meeting about one... and disputes between the Greek contractors and the Bulgarian government but was expedited in light
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