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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeatures3,644 Russia 429 990 Turkey 308 811 Egypt 109 265 Lebanon 109 310 Iraq 84 320 Ukraine 83 181 Syria... strengthened background checks and revoked numerous residency permits following the war in Crimea over concerns
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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agorathe significant potential that we have, in particular when it comes to offshore wind [...]; but in order to do... of the EU’s response to the Ukraine war. The country has now pivoted towards becoming a green energy... of the Ukraine war, and despite the efforts to diversify its own energy supply, Greece met around 41 percent
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Newsletter 23 - 17/04/2015
in NPL formation in the fourth quarter of 2014, the deterioration of the asset quality accelerated... increase in NPL stock is equivalent to the total in NPLs that were added throughout the whole of 2014.... The group NPL ratio (NPLs over gross loans) climbed by more than 1.5 percentage points to 32.2 percent
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Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agoraas NPLs (repayment delayed by more than ninety days) reaching 22.9 per cent. Such staggering NPL.... The NPL challenge and the deleveraging obligations facing Greek banks are major impediments to their current lending capacity. The effectiveness of NPL resolution policies will have to be assessed
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBanking. This leaves around 3.1 billion in NPEs to reduce in order for the bank to reach its end-December target... a year ago, NPLs have declined by 3.1 billion euros. By segment, NPL formation in the retail... retail, two out of three subsectors showed falls in NPL formation. Specifically, small business loan
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Rival parties interpret Novartis settlement differently, serving own ends
PoliticsGreek Politicsstatement, the opposition party noted that 310 mln dollars from the settlement, the overwhelming... also argued that the company admitted that it bribed officials in order to “influence the decisions
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BoG revises GDP forecast, stresses debt restructuring and reforms in monetary policy report
EconomyMacroeconomyratio. These three issues will need to be prioritised by economic policy in order to foster sustainable... of court legislation has been passed in order to facilitate coordinated action between banks and other..., along with amendments to the institutional framework governing NPL management companies, which
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Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
EconomyBankingand 19 million in consumer loans. NPL stock declined to 17.8 billion from 20.5 billion in Q1, while the NPL ratio declined to 33.1 percent from 35.5 percent in Q1. The NPL coverage ratio stood at 81 percent compared to 80 percent previously. In the Greek market, NPL formation fell by 722 million euros
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Mitsotakis prepares to meet Erdogan as Greek ties with Russia collapse
PoliticsForeign PolicyAgainst the backdrop of the war in Ukraine, Prime Minister Kyriakos Mitsotakis is set to meet... Istanbul in order to attend the liturgy at the Phanar, on the occasion of the Sunday of Orthodoxy. So... of Russia and Ukraine, in Atalaya. The war in Ukraine and Greek-Turkish relations are expected to top
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Is Greece on track to decouple from fossil gas?
Agora, which is due to be completed in June 2024. In order to explore the prospects of gas use in Greece... and which saw Greece forced to build new liquefied natural gas (LNG) terminals in order to reduce its... published just 12 days after the start of the war and then completed in May 2022, indeed made
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