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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
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Piraeus eyes major NPE deal as banks remain focused on bad loans
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Alpha Bank and Eurobank start new year with further bad loan sales
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Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
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NBG net profits decline to 8 mln in Q3, NPLs continue to fall
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Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
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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