Banks focus on defining challenge of reducing NPEs
Piraeus Bank posts net loss of 80 mln in Q1
Bank stress tests find no capital needs, clearing path for MoU exit
Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
NBG reports net loss of 163 mln in 2017, bad loans continue to fall
Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
Trust in Greek banking system shaky, survey suggests
The second intermediate step involves the full liberalisation of cash withdrawals for both individuals and companies in successive steps, along with an increase in the limit for overseas money transfers. The key conditions include faster improvement in all conditions described in the first intermediate step.
The milestones eventually leading to the full relaxation of capital controls involve strong confidence in the banking sector, reflected in an increase in deposits and bank access to markets for long-term financing. They also include continued NPE reduct...
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