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  1. Newsletter 141

    Newsletters

    percent to 2.47 billion for the month, while travel payments fell by 3 percent to 173.5 million.... This was driven by travel receipts rising by 15.5 percent to 2.47 billion, while travel payments declined by 3

    9%

  2. Hydrocarbons add to tension between Turkey, Greece and Cyprus
    Photo by UNAOC via Flickr https://flic.kr/p/8avo4T

    PoliticsForeign Policy

    to reach Cyprus' block 3 for hydrocarbon research when it was impeded. Turkey is currently conducting military exercises close to Cyprus's Block 2 and 3 and has blocked the area using a NAVTEX

    9%

  3. Cyprus EEZ keeps Greek-Turkish relations on edge
    Photo via Flickr https://flic.kr/p/7bBypS

    PoliticsForeign Policy

    by Italian energy company's ENI to Block 3 is still blocked by Turkish warships. Even though the Greek... even though Block 3 is not one of those being challenged by Turkey. This move may for the drillship

    9%

  4. Newsletter 152 -23/02/2018

    Newsletters

    clearance in 2017. The aim is to reduce state arrears, which stood at just over 3 billion euros in January... for this purpose, including the 3 billion euros it raised from the sale of a 7-year bond in January

    9%

  5. Greek banks' NPL selloff gathers speed
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    to Sweden’s Intrum. Intrum offered 3 cents on the euro of loan principal sold, which translated into 45.... The National Bank of Greece (NBG) is proceeding with the sale of an NPL portfolio totalling 3

    9%

  6. Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
    Image via www.piraeusbankgroup.com

    EconomyBanking

    million euros bringing the stock to 32.9 billion in Q4 2017. Across the year, NPEs were reduced by 3... and providing financing of more than 3 billion to our clients in Greece.”

    9%

  7. PM tries to halt election speculation as poll gap widens
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    period, suggesting that the gap between the two has widened by almost 3 points. Centre-left Movement.... The Metron Analysis poll, like other surveys, shows ANEL on 2.5 percent, which is just short of the 3

    9%

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

    EconomyBanking

    quarters in which NPE formation has declined. The bank reported that YoY, NPEs have been reduced by 3... adoption of the IFRS9 accounting policy for exposures in Stage 3 (1 billion euros). Net fee

    9%

  9. Lower yields for short- and long-term borrowing boost Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 2014, rising to just below 3 percent until June last year. Over the last few weeks, Greece’s long... exchanged. The subsequent benchmark maturity is for 3 billion euros in August 2022.

    9%

  10. Banks focus on defining challenge of reducing NPEs
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    3 cents on the euro of loan principal sold, which translated into 45 million euros for the whole... is proceeding with the sale of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new

    9%