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Home2020July

Month: July 2020

Galaxy shortlist a matter of days
Featured

Galaxy shortlist a matter of days

13 July 2020 Konstantinos Papagrigoris

Who are the favorites on Alpha Bank’s shortlist? Τhe bank is expected to narrow down this week the potential investors who will qualify to submit binding bids for the acquisition of Cepal, Galaxy portfolio.

Buyer of Kostis Palamas’ house acquires Patra Palace
News

Buyer of Kostis Palamas’ house acquires Patra Palace

13 July 2020 Editors

   The tourism industry is not the only one in which developments are expected due to the coronavirus. It is,…

Private schools Ziridis is just the tip of the iceberg
News

Private schools Ziridis is just the tip of the iceberg

13 July 2020 Editors

How big is the debt problem in private educations? How many more private schools are in the red?

Ministry of Finance will try today  to resolve differences with Creditors on bankruptcy code
News

Ministry of Finance will try today to resolve differences with Creditors on bankruptcy code

12 July 2020 Editors

The Ministry of Finance will make a last effort tomorrow to bridge differences with Greece’s international creditors on the new bankruptcy code and the primary residence protection.
Two sides will hold a meeting today.

Government is ready for Hercules 2 plan
Featured

Government is ready for Hercules 2 plan

10 July 2020 Konstantinos Papagrigoris

Why is the Finance Ministry ready to move ahead with a new Hercules plan, while the Bank of Greece is pushing ahead with the creation of a bad bank?

S&P assigns doValue BB+ on acquisition of FPS
News

S&P assigns doValue BB+ on acquisition of FPS

10 July 2020 Editors

Why did S&P and Fitch assign the rating to doValue after FPS purchase, what the report says.

Intrum to report stronger second quarter results than anticipated
News

Intrum to report stronger second quarter results than anticipated

10 July 2020 Editors

Intrum’s preliminary second quarter results are expected to be substantially above the outlook which was provided in conjunction with the…

S&P:  Authorities may look to create a one or more European bad banks
News

S&P: Authorities may look to create a one or more European bad banks

9 July 2020 Editors

Standard & Poors estimates that the new generation of bad loans that will stem out of the recent pandemic crisis…

Greek unemployment rises to 15.5% in April
News

Greek unemployment rises to 15.5% in April

9 July 2020 Editors

Greece’s jobless rate rose to 15.5% in April from an upwardly revised 14.5% reading in the previous month, data from…

State liquidity-support schemes to be upscaled
News

State liquidity-support schemes to be upscaled

9 July 2020 Editors

The Government is planning to upscale  State liquidity-support schemes, after being swamped by EUR26bn corporate loan applications. According to sources,…

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Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Real Estate servicers SSM
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