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HomeHERCULES

HERCULES

K. Mitsotakis: “Hercules will continue”
Editorial

K. Mitsotakis: “Hercules will continue”

19 September 2023 Editors

  “Heracles will continue, although the new scheme will be much more specific, with precise conditions for the protection of…

Official sector creditors request repricing of Frontier II and Sunrise 3 transactions
Highlights

Official sector creditors request repricing of Frontier II and Sunrise 3 transactions

31 July 2023 Editors

At a time when the market, in cooperation with the government, is waiting for the institutionalization of Hercules III for…

“Hercules” in the spotlight – The request for an extension and pressures from lender
Featured

“Hercules” in the spotlight – The request for an extension and pressures from lender

5 May 2023 Editors

  “Hercules” is making a comeback with talks focusing on the extension of its existing structure or changes needed to…

Eurostat gives thumbs up to Hercules securitizations
Featured

Eurostat gives thumbs up to Hercules securitizations

9 March 2023 Editors

Eurostat is believed to have decided against including the Hercules state guarantees, amounting to some 20 billion euros, into Greece’s…

OECD: The contribution of “Hercules” and its possible extension
Featured

OECD: The contribution of “Hercules” and its possible extension

11 January 2023 Editors

The significant contribution of “Hercules” to the efforts of banks to rid themselves of the legacy of the crisis has…

GACS and “Hercules”: The data Eurostat is looking at
Featured

GACS and “Hercules”: The data Eurostat is looking at

3 January 2023 Editors

Ahead of a decision from Eurostat regarding the way GACS and “Hercules” guarantees will be recorded on public debt, NPL…

Βinding bids for Solar bonds set for Nov. 21
Featured

Βinding bids for Solar bonds set for Nov. 21

7 November 2022 Editors

November 21 has been set as the date for the submission of binding offers for the purchase of mezzanine notes…

Eurostat decision on Hercules plan days away
Featured

Eurostat decision on Hercules plan days away

1 November 2022 Editors

Eurostat’s decision in coming days on whether the state guarantees offered by the Greek government on the “Hercules” program, amounting…

Request submitted for 6-month extension to targets in Cairo project plan
Featured

Request submitted for 6-month extension to targets in Cairo project plan

5 August 2022 Editors

The SPVs of the Cairo securitization have submitted a request for a six-month extension with the State Guarantees Monitoring Committee (Hercules)…

Finale for “Hercules” with securitizations of 4.5 billion euros
Featured

Finale for “Hercules” with securitizations of 4.5 billion euros

5 July 2022 Editors

With three new NPL securitizations amounting to 4.5 billion the Hercules plan is expected to wind up by October, providing…

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