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HomeMitsotakis

Mitsotakis

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…

Τhe Government’s program to subsidize loan payments for those hit by pandemic
Featured

Τhe Government’s program to subsidize loan payments for those hit by pandemic

1 May 2020 Konstantinos Papagrigoris

Only 3,198 applications had been submitted from  90,000 potential beneficiaries of the existing protection law. For the same period, ie from July 2019 to March 2020, about 210,000 loans were restructured in negotiations between loan holders and banks and loan managers.

Greece raised 2 billion euros with  new 7-year bond issue
Finance

Greece raised 2 billion euros with new 7-year bond issue

16 April 2020 Editors

The outcome of the 7 year bond auction proves that the markets have confidence in the government and the Greek economy.
Greece has tapped sovereign debt market six times since bailout exit, raising 13.5 billion euros

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  • Servicers are seeking a solution for the mass suspension of auctions 10 September 2025
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  • 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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