OECD sees Greek economy most at risk from Covid-19, with impact reaching up to 35 pct of GDP
Govt augments support for businesses, workers as total outlay on economic boost reaches 6.8 bln
Greece braces for recession, hopes to bounce back from summer onwards
BoG sees broad economic impact from Covid-19, wiping out 2020 growth prospects
Govt extends 800-euro bonus, heralds loan payment holiday for individuals as well as firms
ECB makes Greece eligible for up to 12 bln in bond purchases amid market frenzy
Bank recap and NPL management create conundrum in bailout talks
Two bank-related themes, namely the recapitalisation process and the management of non-performing loans (NPLs), are among the key unresolved issues in the ongoing discussions between Greek authorities and the institutions.
Kathimerini daily reported that ECB/SSM officials started reviewing on Wednesday 4,000 corporate and 2,000 housing loans equally split among the four core banks. For loans to small and large companies the key criterion would be the EBITDA, whilst for ho...
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