Editorial

Optimism that Greece’s post-pandemic rebound will be spectacular, attracts investors to banks and the NPL market. Hedge fund notables such…

  The European Commisision in its latest Enhainced Sureillance Report on Greek economy , says that sales and securitizations of…

Greek Finance Minister Christos Staikouras announced a series of favorable measures in the “GEFYRA II” program offering a state subsidy…

“About two in five banks… have significant gaps in terms of what we expect.”

Should the proposal of the Bank of Greece not be selected by the authorities, an alternative way of addressing the problem of DTCs will need to be found that is compatible with the applicable capital requirement legislation.

The rapid delivery of EU Covid emergency funds was more important than ever, Pelagidis said, warning that financial conditions could worsen further due to cliff effects following the expiration of pandemic loan moratoria and state support measures.

Banks have to prepare for a possible cliff effect when debt payment moratoria expire, according to 8h Enhanced surveillance report for the Greek economy.

European Commission cleared the  EUR655m Gefyra (bridge) mortgage subsidy scheme. But is this program sufficient to avert the wave of…

EU officials, however, rebuff the idea refusing to relax state-aid rules, which preclude the set-up of bad-banks, unless in formal resolution processes where losses have been imposed on shareholders, bondholders.