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On lockdown: The moments that will remain
Agorathat true value lies in doing a good job, and that a job well done speaks for itself. In a key passage... we had the chance to think about what we should value most. *You can follow Nick on Twitter
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Newsletter 251 -22/05/2020
with emphasis on high added-value activities and skilled labour.” 2 Primary cash balance at 2.62 bln... the majority of total loans, accounting for 68.8 percent. The value of FSM loans came to 249.03
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BoG governor renews calls for launch of bad bank and ESM use
EconomyBankingsecuritisations under the code name Cairo I and II, with a total value of 7.5 billion euros. The applications relate to the provision of guarantee by the Greek state on senior notes to the value of 1.6 billion
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Alpha Bank posts net loss of 10.9 mln in Q1
EconomyBanking) of up to 12 billion euros in value. The bank’s management said that while proceedings had been... Tangible Book Value at the end of December 2019 remained the highest among Greek systemic banks at 7.7
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Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
EconomyBankingfor the securitisation of the Phoenix and Vega portfolios with a combined value of 7 billion euros... at 370 million euros. The tangible book value of the bank came to 5.1 billion from 5.3 billion in Q4
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Data shows export market shake-up amid pandemic
EconomyFeaturesthe value of ships, exports fell by only 0.2 percent YoY. Broken down by export market, the data... by the objective of creating a “more resilient and export-oriented economy with emphasis on high added-value
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingportfolios with a combined value of 7 billion euros. After reporting results, the bank announced... Phoenix in the Hellenic Asset Protection Scheme to the value of 1 billion euros. NBG’s domestic NPE
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Mitsotakis seeks to reassure on foreign policy, spending plans
PoliticsGreek Politicsthat the state functions and took on some added value” from the exercise, whose economic value many
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Microsoft deal welcomed as Greece vies for more foreign investments
EconomyFeaturesfurther added value to the local economy. All this will become clearer as the project, which... and increase the share of ICT specialists to 2.3 percent of total employment, adding extra value of 1.1
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Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing
EconomyBankingvalue of 10.8 billion euros, slightly narrower in scope from the initial 12 billion announced. Piraeus... of state guarantee. Loans will be transferred at net book value, with the banks taking bonds
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