Revenues of 2 billion euros have reached the coffers of Greece’s four systemic banks from transfers of nonperforming exposure portfolios to date, but after using these sales as the main instrument for reducing their bad-loan stock in the last couple of years, they are now focusing on securitizing portfolios.
House sale prices are projected to continue rising in 2020, as market professionals consider the existing momentum to be sustainable.
France stuck to its hard line against European Union membership talks for North Macedonia and Albania on Tuesday, setting up a showdown between French President Emmanuel Macron and fellow EU leaders later this week in Brussels.
Greek students with degrees from foreign universities face a long and arduous process to get their certificates recognized, according to a report by the Ombudsman that was made public on Monday amid rising fears that Britain’s possible exit from the eurozone will complicate matters further.
When it was in the opposition, New Democracy had criticized Alexis Tsipras’s leftist government for distributing the country’s primary budget surplus in the form of an end-of-the year handout.
Greek retailer Jumbo said on Tuesday it increased its dividend payout by 20 percent for its fiscal year that ended in June and will continue doing so for the next two years.
The experts’ committee on the social security system recommends the mandatory entry of all labor market newcomers as of January 1, 2021 to the new funded auxiliary social security scheme, Kathimerini has learned.
Police on the eastern Aegean island of Samos have arrested three suspects, all foreign nationals, in connection with clashes at a migrant facility that left three people injured on Monday.
NATO Secretary-General Jens Stoltenberg has expressed concern about the effect Turkey's invasion of northern Syria could have on the fight against the Islamic State group and stability in the region.
One of the best-selling Belgian artists of all time, with more than 20 million record sales worldwide, lyric soprano Lara Fabian returns to Athens on December 12, for a special audiovisual show at the Olympic Stadium (OAKA) Indoor Arena.