Search
-
Piraeus eyes major NPE deal as banks remain focused on bad loans
EconomyMacroeconomyOne of Greece’s four systemic banks, Piraeus Bank, is rumoured to be working on a substantial deal to address its non-performing exposures (NPEs). The deal will also increase its capital and reduce operating costs. According to the business website Euro2Day.gr, sources with knowledge of the deal
33% -
Merkel backing for name deal overshadowed by coalition leaders' crucial talks
PoliticsGreek Politicsher view on the name deal, which she described as being good for both parties, as well as Europe... for the name deal but there are doubts about whether he could also do the same in a confidence vote... or intend to support the name deal. In return, the ANEL leader is said to be proposing that he
33% -
Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
EconomyBankingThe deal between Piraeus Bank and Intrum which concluded in October will create the largest... servicer is licensed and regulated by the Bank of Greece. The deal allows the servicing of Piraeus Bank’s... for an independent management company. The impact on the Bank’s capital from the deal is expected
33% -
Fresh turbulence at SYRIZA as opposition parties take aim at bank deal
PoliticsGreek Politicspartly under state ownership as the result of a rescue deal. Eight members of the party’s political... the government over the terms of the merger of Attica and Pancreta banks. The deal has been presented... that the deal locks in losses for taxpayers, while “gifting” the banking business to interests close to PM
33% -
Greece and Ukraine sign LNG deal as US looks on
PoliticsForeign Policymolecule of Russian gas” with American LNG when it inked a deal on Sunday to help Ukraine meet its... coordinate deliveries of US LNG to help Ukraine meet its winter energy needs. The deal was witnessed..., ensuring stable flows and regional energy resilience The deal is seen as a critical contribution
33% -
Newsletter 277 -11/12/2020
PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...
32% -
SYRIZA caught in push and pull between voters and members over deal
PoliticsGreek PoliticsSYRIZA finds itself caught between party members and MPs, who are reluctant to sign up to a deal... increasingly desperate for a deal as cash dries up. The resistance within the party was highlighted... – with the details of the deal not known – it is very difficult to assess whether the dissent within
31% -
Tussle over arms deal sets tone for polarised politics
PoliticsGreek Politicsvictory in the debate over the stalled arms deal with Saudi Arabia on Monday. New Democracy and other... intensified the suspicion surrounding the deal, which was not executed, but no smoking gun... that Papadopoulos was not authorised to carry out the deal. Sfakianakis, the chief Economist at the Saudi
31% -
After signing name deal, Athens and Skopje face several more steps
PoliticsForeign Policyvotes in favour and 40 against. Main opposition VMRO–DPMNE denounced the deal with Greece and tried... and the relevant bill was tabled in the plenary, which was initially due to is expected to ratify the deal... objection to the EU offering Skopje a date to begin accession talks. Irrespective of the name deal
31% -
Name deal uncertainty set to continue despite ANEL attempt to clarify stance
PoliticsGreek Politicsof the deal. It may still be the case that they will support it in Parliament, which could lead to them... Alexis Tsipras’s efforts to find the 151 votes that he will likely need to ratify the deal, which... days that To Potami leader Stavros Theodorakis may strike a pre-election deal with New Democracy
31%