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HomeHERCULES

HERCULES

Alert for securitizations
Buzz Talk

Alert for securitizations

28 August 2025 Phil Karametos

The progress of securitizations is under the microscope of the Hellenic Debt Management Agency

The outstanding balance of “Hercules” stands at €17.95 billion
Highlights

The outstanding balance of “Hercules” stands at €17.95 billion

27 August 2025 Phil Karametos

Piraeus and Alpha Bank cover almost half of the Heracles portfolio

Model “Hercules” for financing the major EU projects
News

Model “Hercules” for financing the major EU projects

20 June 2025 Editors

The “Hercules” tool, which was used for the restructuring of Greek banks from non-performing loans, will serve as a model…

Reductions in balances in the “Hercules” securitizations in Q1 2025
Analysis

Reductions in balances in the “Hercules” securitizations in Q1 2025

27 May 2025 Editors

The picture of the “Hercules” guarantee provision program remains stable in the first quarter of 2025, with securitizations showing a…

Hercules is the key in the upgrade from Moody’s
Featured

Hercules is the key in the upgrade from Moody’s

17 March 2025 Editors

A pivotal role in the granting of the investment grade by Moody’s was played by the significant progress that Greek…

EU approves Hercules extension until mid 2025
Featured

EU approves Hercules extension until mid 2025

13 December 2024 Phil Karametos

  The European Commission has approved the extension of “Hercules” until June 30, 2025 and the increase of its budget…

Answer on Hercules III expected by mid of December
Business

Answer on Hercules III expected by mid of December

29 October 2024 Editors

Finance Ministry officials expect European officials to respond to their request to up state guarantees offered by Hercules III by…

Request sent to EU for Hercules extension by 1 bln euros
Featured

Request sent to EU for Hercules extension by 1 bln euros

17 September 2024 Phil Karametos

The European Commission’s response to Greece’s request for an extension to the Hercules program by 1 billion euros is expected…

DBRS: Hercules transactions with the highest amortization
Highlights

DBRS: Hercules transactions with the highest amortization

6 September 2024 Editors

The success of the “Hercules” program, on the occasion of its 5 years since implementation, was referred to by DBRS…

Hercules ceiling to rise by 500 mln euros in September
Featured

Hercules ceiling to rise by 500 mln euros in September

24 July 2024 Editors

From September, the next step is expected regarding the increasing of guarantees offered in the ongoing Hercules III programme set…

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MOST READ

  • Servicers are seeking a solution for the mass suspension of auctions 10 September 2025
  • The Aktor – Prodea real estate deal is canceled 10 September 2025
  • Private debt: Critical meeting on “red” loans and “Hercules” 12 September 2025
  • Servicers are calling for measures to address the high default rates of the out-of-court settlement mechanism 5 September 2025
  • Why aren’t red loans decreasing? 5 September 2025
  • New Iris Payments service from doValue Greece 8 September 2025
News Tags Comments
  • Real estate agency: With a €100 million “fund,” the announcement of the second phase of the tender
  • Sallas, “Hercules,” the banks, and Alabasi
  • The ECB targets NPLs of cooperative banks
  • The competition for the Real Estate Acquisition and Leasing Agency lasted five years
  • Cepal takes first place in regulatory approvals in August
  • Elena Stassi: From the Aktor Group to Qualco
  • New company from QUALCO
  • Out-of-court mechanism: More than 30% haircut for 1 in 2 debt settlements with banks – servicers
  • Private debt: Critical meeting on “red” loans and “Hercules”
  • Servicers: Loan settlements exceeding 3 billion euros
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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