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  1. Alpha Bank Q3 results reflect net profits of 43.8 mln
    Photo by MacroPolis

    EconomyBanking

    transactions, the bank said that it had received two binding offers for the Galaxy securitisation and have... funding mix. On an aggregate basis, NII came to 1.15 billion euros, edging down by 0.6 percent YoY... the lower wholesale funding and deposit cost. The Net Interest Margin (NIM) remained stable QoQ at 2.3

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  2. Newsletter 59 - 22/01/2016

    Newsletters

    . The next privatisation projects include the submission of binding bids for the full sale of rail... billion in March. This would boost state funding in a critical month for debt obligations, when... having adopted the bailout and agreed to implement it, appears to be having a binding effect. Tsipras

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  3. Newsletter 74 - 20/05/2016

    Newsletters

    and Eurobank announced they have reached a binding agreement with KKR for the management of NPLs... funding. The vote on Sunday represents the final hurdle that the prime minister has to clear... of provisioning, thus binding up valuable capital that could otherwise be lent to the real economy. Two

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  4. Govt Covid record questioned, as report highlights disparities in hospital death rates
    By Natasha Pandazopoulou/Fosphotos

    PoliticsGreek Politics

    the original findings, but indicates a worsening of the situation during the Delta and Omicron waves... under fire for ignoring the findings, with Prime Minister Kyriakos Mitsotakis appearing to deny their existence. The updated study not only confirms the initial findings, but indicates that the risk

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  5. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    , has attracted strong interest. The first two phases were completed in March and binding offers..., with the Greek cost of risk for Q1 coming to 160 bps over net loans. Balance Sheet Eurosystem funding... Assistance (ELA) funding dropped to 2.1 billion in March, falling by another 1 billion euros in mid May

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  6. EastMed pipeline close to high-level agreement, but still a long way from becoming reality
    Photo via Flickr https://flic.kr/p/VWenrM

    EconomyFeatures

    change mitigation remains strong, with the EU parliament recently voting for a legally binding target... as funding assistance. However, the lion’s share of funding for construction will ultimately have to come from the private sector. To date, private sector enthusiasm for funding the project has been

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  7. Eurobank net profits at 56.3 mln in Q3 from continued operations
    Image via www.eurobank.gr

    EconomyBanking

    . Binding offers have been received for Project Cairo (6.8 billion euros) and the sale of a majority... net loans in 9M, management said. Balance Sheet Eurosystem funding was unchanged QoQ at 1.3 billion euros in September 2019. Emergency Liquidity Assistance (ELA) funding has been fully eliminated

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  8. HRADF's updated plan for 19 privatisation projects published
    Photo via Flickr https://flic.kr/p/9SDyrr

    Economy

    the submission of binding offers is scheduled for the third quarter (Q3) of 2016. The next steps involve.... For the former, one expression of interest was submitted in mid-April and the submission of binding... been short-listed and the binding bids are also expected until the end of May. HRADF holds a 30

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  9. Chinese State Grid makes highest bid of 320 mln for 24 pct stake in ADMIE

    Economy

    Corporation submitted the highest binding offer of 320 million euros for the acquisition of a 24 percent stake... to participate in the second phase of the tender process, which included the submission of binding offers. The deadline for the submission of binding bids, which was initially set on October 12, after

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  10. PPC lignite unit bids fall flat in blow to privatisations
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    EconomyFeatures

    . PPC received one binding offer for the Melitis unit in Florina from Mytilineos which was reportedly... in a binding offer for either unit after deciding that the structure of the deal and the share... Terna consortium have indicated that they would submit a binding offer based on an alternative version

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