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Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
EconomyBanking. The portfolio of bad loans in question is secured against real estate assets with a total on-balance sheet... amounts to 24 percent approximately of the total on-balance sheet gross book value, and can be increased up to 30 percent of the total on-balance sheet gross book value through a contingent consideration
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Newsletter 267 -02/10/2020
the balance in the Council, between member-states with a critical approach to Turkey such as Austria... Primary surplus below its target by 6.67 billion euros The budget primary balance recorded a deficit... billion. Overall, the PIB balance landed on a deficit of 1.38 billion euros for the first eight months
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Newsletter 418 - 29/03/2024
balance was broadly stable at 115.53 billion euros. Credit growth was led by business loans, with the corporate lending balance’s net monthly flow positive by 924 million euros, after a drop of 2.51... was 3 pct year on year (YoY), from 2.7 pct in the preceding month. The outstanding balance of private
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Newsletter 438 - 25/10/2024
the high season tourism months and the services balance improves. The deficit for the balance of goods... at 3.68 billion. The travel balance was in a 4.02 billion euros surplus, though receipts unusually
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Newsletter 442 - 22/11/2024
deficit in September, from a 651.3 million euros surplus in August. The deficit in the balance... intensified, with the oil balance doubling to a deficit of 984.8 million euros, from 482.4 million euros last year. The travel balance showed a surplus of 3.39 billion euros, from last year’s figure
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Greek credit contracts by another 3.5 pct in Sept as balances ease to 212 bln
EconomyMacroeconomyaccelerated to 3.1 percent with balance dropping below the 70-billion-euro mark to 69.89 billion. Monthly... the previous month, according to the Bank of Greece (BoG). Balances eased 0.35 percent month on month (MoM... institutions fell 2.9 percent, unchanged from the two preceding months. Balances fell by almost 1 billion
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Current account deficit at 1.22 bln in Nov, down 18.6 pct
EconomyMacroeconomyAfter recording a surplus in the preceding five months, Greece's current account (C/A) balance..., with the C/A balance turning to a surplus of 1.05 billion euros from deficit of 1.9 billion last year... balances by 302 and 61 million respectively more than offsetting a fall in the services’ surplus by 193
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Commission gives go-ahead for APS to reduce NPL pile
EconomyBankinginstitutional solutions to help banks restore their balance sheets since the end of last year, when market... loans weighing on the balance sheets of Greek banks […] without granting aid or distorting... to the state increases the chances of the recovery on the bad loans by the external servicer. The Commissioner
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After support package, government turns attention to "everyday" issues
PoliticsGreek Politicsno university facilities occupied by students or other protest groups. Public service evaluation In another... employees. It also does not cover the health service or the citizens’ service centres which are set... disorder and improving the delivery of public services. School bullying, campus radicalism
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Newsletter 221 -27/09/2019
that the measures risk turning Greece into a country of cheap and devalued labour. Travel balance up... travel balance rose to 3.40 billion euros in July from 3.10 billion a year ago, Bank of Greece (BoG... euros The budget primary balance recorded a surplus of 2.91 billion euros in the first eight months
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