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Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
EconomyBankingguidance for 2019 ranges from 150 to 180 bps over net loans. Balance Sheet Eurosystem funding stood at 1... confident for our performance going forward, identifying areas in which we can outperform targets set,” he
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Mitsotakis takes growth message to Thessaloniki, keeps eye on bond profits
PoliticsGreek Politics1 billion euros. On the back of these developments, Mitsotakis will head to the Thessaloniki Expo on Saturday to set out his government’s plans for expanding the economy. He is expected to announce
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Athens boosted by Lagarde's comments on primary surplus, but no move due for now
PoliticsGreek Politicsthe presidency of the ECB on November 1 and at a time that the new Greek government has been sounding... cannot be included in the budget and should be set aside for debt servicing. It was left to Finance
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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammeat the moment seeing a fiscal gap of 1 billion euros, or 0.5 percent of GDP, if the Greek..., the inclusion of the SMP and ANFA profits into the budget seems to be set aside at the moment
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Newsletter 221 -27/09/2019
for next year, with the institutions at the moment seeing a fiscal gap of 1 billion euros, or 0.5 percent... to be set aside at the moment although the Greek authorities would have liked to have them in scope
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Despite ongoing budget talks, ND eyes more relief measures in coming months
PoliticsGreek Politicsfrom us,” he told the conservative lawmakers as he set out the government’s plans for the next 100... at a reported 1 billion euros. The matter has been complicated by the recent Council of State decision regarding
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Mitsotakis eyes Christmas handout, tries to rally support for diaspora vote proposal
PoliticsGreek Politicsa decade ago and SYRIZA did not act on the advice of a special committee it set up to examine the manner.... Kathimerini reported on Thursday that the fiscal gap for 2020, which stood at around 1 billion euros
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Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
EconomyMacroeconomyfiscal gap, from around 1 billion euros originally, to zero were fruitful. It appears.... At the moment, 138 million euros has been set aside for businesses, which could receive
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Newsletter 226 -01/11/2019
will probably be taken in April 2020 and that the fiscal targets may be reduced by 1 to 1.3 percentage... are set against challenges from the country's high external and public debt, the beleaguered banking
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Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
EconomyBankingbusiness loans. Around 20,000 properties are included in the portfolio. The Orion portfolio is also set... in the first half of next year. Another two NPL securitisations are in the works with a value of 1
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