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NBG results show net profits of 409 mln euros on strong trading income in Q1

Fri, 29 May 2020 07:05:00 GMT

. The bank noted that the results reflected strong trading and other income which stood at 775 million euros... (ΝΙΙ) fell by 4 percent QoQ to 277 million. This reflects mainly the rapid NPE reduction of 4.7... fee and commission income came to 63 million in Q1, up by 13.3 percent YoY, reflecting strong growth

Changes to primary residence protection proposed in bid to draw more applications

Tue, 05 Nov 2019 13:26:00 GMT

area to their main residence to apply for protection. This concession covers mainly those who live... application process for the protection of a primary residence. The data showed that 44,446 users... for homeowners to settle their debts and protect their residence from repossession. Benefits Around 100,000

Tsipras sets off for USA as prior actions, e-auctions dominate at home

Fri, 13 Oct 2017 12:29:00 GMT

Prime Minister Alexis Tsipras chaired a meeting with key ministers on Friday to assess the progress the government is making in completing the 95 prior actions that have to be ticked off this year. The meeting was held a few hours before the Greek leader set off for his official visit to the USA

BoG highlights strong year for property in 2019 but warns of Covid-19 impact in 2020

Thu, 02 Apr 2020 09:46:00 GMT

governor's annual report, BoG analysts said that 2019 was a strong year for the Greek real estate... of granted residence permits in 2019. With the temporary closure of embassies around the world, this could... so-called Golden Visa scheme, which offers residency permits for investments of 250,000 euros or over

Disbursement delayed until April as lenders wait for primary residence law to be settled

Mon, 11 Mar 2019 18:52:00 GMT

the government and the institutions over the new primary residence framework are holding up the green light... president Valdis Dombrovskis also said there had been significant progress on the primary residence.... In the meantime, work will have to continue on the details of the primary residence framework, which is due

EC sets out improvements Athens should make to primary residence proposal

Fri, 01 Mar 2019 07:13:00 GMT

loans secured by primary residence collateral. Additionally, the new scheme creates an additional... of Non-Performing Exposures (NPEs) from the systemic banks. The protection of primary residences under.... The Commission highlights that the protection of primary residences was unilaterally extended until the end

Athens set to press ahead with primary residence law despite differences with lenders

Wed, 20 Mar 2019 14:34:00 GMT

has seen the new primary residence framework, which is due to succeed the Katseli law that expired... framework governing the protection of primary residences from foreclosure without necessarily first... residences. The institutions also raised concerns about the inclusion of the second group of NPLs

Newsletter 338 - 20/05/2022

Fri, 20 May 2022 07:36:00 GMT

that apart from further bolstering Greece-USA ties, he also had an opportunity to convey his beliefs... 5-year Mutual Defence Cooperation Agreement between Greece and the USA. He called it “A powerful... job roles are waiters, kitchen staff, cleaning staff and receptionists. These positions make up 60

Primary residence talks continue amid uncertainty about draft legislation

Fri, 22 Mar 2019 06:57:00 GMT

The Greek government remained in discussions with the institutions on Thursday over the details of the primary residence framework amid concerns that Athens is set to act unilaterally and table... against primary residences that the government would like to be included in the new framework. According

The IMF crisis and how to solve it

Mon, 11 Aug 2014 09:54:00 GMT

set up when monetary policy credibility was at a low ebb; a strong analogy with the Fund. Now is the perfect time for the Fund to open up its kitchen and show the world the ingredients that go... that institutional biases are being tackled is to open up its kitchen to public scrutiny. Fund staff and real