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  1. Eurobank sells NPL package in attempt to reduce bad debt pile
    Photo by MacroPolis

    EconomyBanking

    million euros of those loans remained on the balance sheet while the remainder was written off... for the whole transaction. The package of loans will continue being managed by Financial Planning Services S.A.... of retail NPEs have already been assigned to CEPAL, the first NPL servicer licensed in Greece, while

    3%

  2. Newsletter 232 -13/12/2019

    Newsletters

    near-zero yield Apartment prices up by 9.1 pct in Q3, hitting series high Greece is rounding off... in October. Additionally, the goods’ index fell by 0.6 percent while the services index increased... of the securitisation has passed on to the servicer, who is independent of the bank that issues

    3%

  3. Bank of Greece publishes revised Code of Conduct for management of NPLs
    Photo by MacroPolis

    EconomyMacroeconomy

    -collateral repossession and full debt write-off. It is worth noting that for cooperative borrowers... is not serviced for at least 60 days, the bank should notify the borrower of the loan obligation within a 30-day... that would be serviced and the reaming that would be settled at a later stage) and partial debt write

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  4. Newsletter 286 - 26/02/2021

    Newsletters

    in origin markets, hoping that the most vulnerable should be vaccinated by mid-2021. Naturally, the outlook.... The deterioration for the whole of 2020 was due almost entirely to a decline in the services surplus... of 10.9 percent. The services surplus fell to 7.27 billion euros, a decline of 65.6 percent

    3%

  5. Newsletter 423 - 17/05/2024

    Newsletters

    government officials but passed off without incident. During his five years in power, Mitsotakis has... narrative of economic success was also questioned by the data presented by Cerved Property Services... close to 5,800 euros to be serviced annually.MacroeconomyCharts of the weekCPI The growth of Greek

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  6. Lenders set out post-MoU framework with aim of securing reforms
    Photo via Flickr https://flic.kr/p/7sxCd6

    EconomyProgramme

    for Public Revenue. The organisation is seen having 12,000 workers by the end of 2018 and 13,322 in mid-2021... foreseen in the document, with 45 percent of cadastral mapping having to be completed by mid-2020

    3%

  7. Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions

    EconomyProgramme

    above the target, which could impact efforts to clear all state arrears by mid-2021. At the same... sector, big shares of services and SMEs, there is a good chance that further measures will be required

    3%

  8. Newsletter 407 - 12/01/2024

    Newsletters

    metal products and construction experienced an EBITDA rise of nearly 81 pct to 815.3 million euros... experienced a further marginal drop by 0.4 points to 106 in December. The index remains some distance from... of -7.8 points. Industry confidence dropped by 2 points to -5.7, while services, retail and construction

    3%

  9. Time running out for Golden Visa as housing problems increase
    Photo by MacroPolis

    Agora

    liquidity to the Greek economy with euro interest rates that Greeks had never experienced before, leading... port, which has experienced a jump in property prices that exceeds 10 pct. It is clear since domestic... that currently lie empty but which have irregularities and are in the hands of services that have taken on bad

    3%

  10. Outrage at Sunak snub mixed with unease at PM's handling of Marbles talks

    PoliticsGreek Politics

    position and refer the dispute to the Museum’s trustees, Sunak’s decision to call the meeting off... on Sunak for his decision. Servicer rules On the domestic agenda, opposition parties have been voicing

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