ATHENS, May 17 Greece's National Bank (NBG)
plans to securitise three billion euros of non-performing
mortgage loans by 2022, its chief executive said on Friday, as
the country's lenders battle to deal with a legacy of bad debt.
* NBG expects NPLs to fall to 5% of loans by 2022 vs 41% end
ATHENS Greek lawmakers on Wednesday approved tax breaks and bonuses for pensioners in the crisis-hit nation, days before elections, rowing back on some austerity mandated by international bailouts.
ATHENS, May 15 Greek lawmakers on Wednesday
approved tax breaks and bonuses for pensioners in the crisis-hit
nation, days before elections, rowing back on some austerity
mandated by international bailouts.
ATHENS, May 14 National Bank (NBG), Greece’s
second-largest lender by assets, on Tuesday said profit from
continuing operations had risen in the first quarter of 2019 on
the back of higher trading gains.
ATHENS Greek Prime Minister Alexis Tsipras on Tuesday announced tax cuts and pledged to reinstate a benefit for low income pensioners among other "relief measures", weeks before municipal and European Parliament elections.
By Dhara Ranasinghe, Abhinav Ramnarayan and Lefteris Papadimas
DIAVATA, Greece Greek police fired teargas on Saturday as angry migrants hoping to travel to northern Europe hurled stones and bottles after being barred from reaching a nearby border crossing, witnesses said. | Video
DIAVATA, Greece, April 6 Greek police clashed on
Saturday with groups of migrants and refugees camped in a field
close to the country's northern border hoping to cross to
neighbouring countries and travel onward to northern Europe,
ATHENS/DIAVATA, Greece Greek police fired tear gas on Friday to disperse migrants who had gathered in a field near the country's border with Northern Macedonia in the hope of making their way illegally up through the Balkans towards northern Europe. | Video