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  1. BoG awaits go-ahead from DG Comp over NPL scheme
    Photo by MacroPolis

    EconomyBanking

    in Greece. Also during June, Eurobank announced that it had entered into a binding agreement with PIMCO’s... make up the portfolio, with 40 percent of the properties located in Athens. Non-binding bids

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  2. Coronavirus to delay much of privatisation plan
    Photo by MacroPolis

    EconomyFeatures

    binding offers. That phase would have taken place within the next few months under normal... Gas Corporation (DEPA) due to the disruption caused by the coronavirus. Nine non-binding offers were

    2%

  3. Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
    Bank of Greece

    EconomyBanking

    Alpha Bank announced on Wednesday that it had entered into a binding agreement for the disposal of a mixed pool of NPEs to Greek SMEs secured by real estate assets, code named Neptune. In a statement released by the bank, they said that they had received a binding offer from Poseidon Financial

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  4. Banks remain largely profitable in Q2, with focus on NPL reductions
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    ’s various portfolios, management noted that a binding offer had been received for the sale... that it had entered into a binding agreement with Intrum for the purchase of 30 percent

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  5. Move to legislate on climate change offers opening to bolster environmental laws
    Photo by MacroPolis

    PoliticsGreek Politics

    of binding legislation such as that already adopted by twelve other member states. Mitsotakis stressed... binding emissions targets for the country as a whole and for the public sector, as well

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  6. Politicians have commissioned, and largely ignored, multiple reports on wildfires

    Society

    into the devastating wildfires of 2007. Mitsotakis noted that “several of the findings unfortunately still apply... to prevention. The report challenged the automatic assumption that an increase in funding would improve... of emergency funding as the fire season approached. Meanwhile, the forestry service, which prior to 1998

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  7. Mitsotakis apology for wildfires gets sceptical reception

    PoliticsGreek Politics

    with emergency funding of half a billion euros from the budget, will be directed by the Prime... areas for funding earmarked in the national recovery plan for reforestation. The PM said the areas... accused New Democracy of “burying” the findings of the Goldammer committee, which were delivered

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  8. Media freedom concerns continue to bedevil Mitsotakis govt as EC takes note
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Pressure is piling on the Greek government to respond to the findings of recent reports which... to EU funding, which has already been invoked to block Hungary from receiving RRF funds. Perhaps..., a support package for regional media and more transparency around the allocation of state funding

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  9. ELSTAT shows decrease in material deprivation, poverty risk, while education mobility remains static
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    . According to ELSTAT’s findings, persons at risk of poverty or social exclusion represent 30 percent... more illustrated by the findings. Without any social benefits or pensions, the at risk of poverty rate... from 2019. The findings showed that educational mobility has remained relatively static in the years

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  10. Opposition parties reject official conclusions of surveillance inquiry
    Photo by MacroPolis

    PoliticsGreek Politics

    it erupted in the summer. The findings compiled by the majority on the committee concur... the findings of the majority will have official standing when it is approved on Thursday, while... of the Parliament, who is expected to convene a plenary session to debate the findings. SYRIZA

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