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Photo by Panayotis Tzamaros/Fosphotos Industrial turnover increases by 12.9 pct in November

Greece’s industrial turnover grew by 12.9 percent in November after October’s figure was upwardly revised to 11.6 percent, according to Hellenic Statistical Authority (ELSTAT) data published on Friday.

Photo by Panayiotis Tzamaros/Fosphotos BoG sees ample capital space for banks to sell bad loans

The Bank of Greece (BoG) presents in its semiannual overview of the Greek financial system a sensitivity analysis on active NPE management by Greek financial institutions in relation to the operational targets of reducing their stock to 64.6 billion euros, from 101.8 billion, by the end of 2019.

Photo by ECB via Flickr Despite speculation, post-MoU credit line seems unlikely

A meeting between officials from the European Central Bank, the Bundesbank, Bank of Greece and executives representing Greek lenders in Frankfurt on Monday has sparked speculation that Athens may opt for a precautionary credit line to support its exit from the programme in the summer.

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