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Banks make steady progress on improving balance sheets via securitisations
EconomyBankingGreeceās systemic banks are moving ahead with efforts to improve their balance sheets, aiming for single digit NPE ratios and profitability next year through securitisations assisted by the extension of the Hercules II APS. Eurobank announced on Monday that it signed an agreement with doValue
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Newsletter 312 - 15/10/2021
securitisation to follow and will bring NPEs to single digits. The portfolio includes 190,000 loans, 77 pct
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Papandreou joins KINAL leadership race amid questions about long term
PoliticsGreek Politicsfor Papandreou could be a hung Parliament after the next election, which will take place using a single
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Newsletter 313 - 22/10/2021
could be a hung Parliament after the next election, which will take place using a single
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The case of SYRIZA's fiscal performance
Agora, the opposition New Democracy party gained an absolute majority in Parliament and formed a single-party
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SYRIZA puts spotlight on wildfire impact to stress govt faults
PoliticsGreek Politicsthe summer in what was the largest single wildfire Greece has witnessed. In an interview with a local
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Piraeus completes Sunrise II securitisation as banks stay focused on NPE reduction
EconomyBankingbillion euros and a single digit NPE ratio by the start of next year. Earlier in August, the bank
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Sharp rise in employed as unemployment falls to 13 pct in Sep, lowest since Aug 2010
EconomyMacroeconomyand into single digits for the first time in nearly a decade. Youth unemployment dropped by 1.5 pps year
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Govt stands firm on 'no lockdown' message, pins hopes on vaccination surge
PoliticsGreek Politicsgiven in a single day. Just under 17,000 of these were for first doses, however, while 88,000 were
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Unemployment rate broadly stable at 13.3 pct in Oct
EconomyMacroeconomyof 3.5 pps year-on-year and into single digits for the first time in nearly a decade. Youth
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