Servicers’ NPLs grow to over 70 bln euros

Servicers’ NPLs grow to over 70 bln euros

In the third quarter of 2024, the nominal value of loans to the domestic private sector serviced by domestic credit servicing firms (CSFs) that have been transferred to non-resident specialized financial institutions increased by 1.012 billion euros, according to figures released by the Bank of Greece on Wednesday. The total value of loans serviced by …

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Country’s institutions slip in global rankings

Country’s institutions slip in global rankings

A history professor delivers a lecture at a Greek university amphitheater, in an undated file photo. ‘The belated end of the state monopoly on higher education will likely echo previous scenarios,’ the author argues. [InTime News] As global competition in higher education intensifies, Greek universities are grappling with declining international rankings.  According to the Hellenic …

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Emphatic home wins in Euroleague for Reds and Greens

Emphatic home wins in Euroleague for Reds and Greens

Kendrick Nunn scored a career-high 39 points for Panathinaikos [Intime]. Panathinaikos and Olympiakos scored emphatic home wins in the first half of yet another double week in the Euroleague. On Tuesday Panathinaikos and its star Kendrick Nunn had a statement night, trouncing Armani Milano 103-74 at the Olympic Sports Hall. Nunn made seven triples in …

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Mitsotakis reiterates support for Serbia and Albania’s EU accession

Mitsotakis reiterates support for Serbia and Albania’s EU accession

[InTime News] Prime Minister Kyriakos Mitsotakis reiterated Greece’s support for Serbia and Albania’s EU accession during his arrival at the EU-Western Balkans Summit in Brussels on Wednesday. “Greece has supported, in principle, the accession prospects of all Western Balkan countries,” Mitsotakis stated, before addressing the cases of Serbia and Albania specifically. Regarding Serbia, Mitsotakis mentioned …

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Major drug bust at Igoumenitsa port

Major drug bust at Igoumenitsa port

Port authorities at Igoumenitsa port, in northwest Greece, have seized a large quantity of drugs discovered on a refrigerated truck entering the country from Italy. The truck’s driver, a 57-year-old Greek national, was arrested in connection with the incident. The drugs, with an estimated market value exceeding €3 million, were discovered following a police dog …

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Tax dues near €70 bln in 2025

Tax dues near €70 bln in 2025

Taxes in excess of 5 billion euros will be paid every month from January 2025 by taxpayers and businesses, with total receipts approaching €70 billion next year, an increase of €2.5 billion compared to the current year. In the first two months of the year, households and businesses will repay their debts incurred for 2023 …

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8 multinational companies fined €5.5 mln for overpricing violations

8 multinational companies fined €5.5 mln for overpricing violations

The Development Ministry has imposed fines totaling €5.5 million on eight multinational companies for overpricing violations identified during a recent audit. The investigation, which examined 443 product codes from 26 companies, revealed violations in 191 of them. The fines were issued under Article 54 of Law 5045/2023, with Development Minister Takis Theodorikakos approving the penalties …

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What’s at stake for Syria’s minorities in the wake of Assad’s fall?

What’s at stake for Syria’s minorities in the wake of Assad’s fall?

[Shutterstock] Nadine Maenza joins Thanos Davelis to look at what’s at stake for religious and ethnic minorities in Syria in the wake of Assad’s fall. Maenza is president of the IRF Secretariat, an international organization focused on building infrastructure to support the religious freedom movement globally. She also serves as a Global Fellow at the Wilson …

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ENFIA discount through application by owners of insured properties

ENFIA discount through application by owners of insured properties

By mid-February, insured property owners must submit an application to the myProperty platform in order for the Independent Authority for Public Revenue to proceed with the reduction of the Single Property Tax (ENFIA) by 20%. After completing the applications, insurance companies must confirm the information provided. The new discount framework provides for a 20% discount …

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