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Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
EconomyBankingInvestor DAC, an entity financed by funds managed by affiliates of Fortress Investment Group LLC
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Athens wary as exploratory talks with Turkey approach
PoliticsForeign Policy. Otherwise, we need to proceed with the logic of Europe as a fortress. This would not be pleasant
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Banks make steady progress on improving balance sheets via securitisations
EconomyBankingwith a consortium of Fortress, Bain Capital and doValue at the end of July. Frontier does not include
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Piraeus completes Sunrise II securitisation as banks stay focused on NPE reduction
EconomyBankingthe Frontier securitisation after entering talks with a consortium of Fortress, Bain Capital
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Migrant boat tragedy forces temporary halt on election campaigning
PoliticsGreek Politicsof migrants, while MeRA25 leader Yanis Varoufakis blamed the “fortress Europe” policy for the deaths
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Primary cash balance deficit at 7.12 bln in Sept
EconomyMacroeconomyeuros. The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months
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Budget primary shows deficit of 9.06 bln in October
EconomyMacroeconomyby 1.68 billion. Aggregate PIB expenditure came to 7.01 billion, overshooting the target by 2.28 billion
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Budget primary confirmed at deficit of 9.07 bln in October
EconomyMacroeconomyat 4.44 billion, above target by 1.68 billion. Aggregate PIB expenditure came to 7.01 billion
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Newsletter 275 -27/11/2020
. Aggregate PIB expenditure came to 7.01 billion, overshooting the target by 2.28 billion. Overall, the PIB
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Primary cash balance deficit at 13.45 bln in November
EconomyMacroeconomyeuros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01
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