Covid-19 presents new, significant challenge in banks' effort to reduce NPLs
Loans under credit servicing firms rise 17.1 pct QoQ to 23.54 bln
Eurobank net profits at 256.7 mln in 2019
Hercules NPL reduction scheme receives first application from Eurobank
Ministry urges borrowers to apply for home protection before scheme expires
Greek banks eye positive market appetite for bad loan sales
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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