BoG outlines steps to economic recovery, updates on banks' asset quality

EconomyMacroeconomy Tags: Banking, BoG
Bank of Greece
Bank of Greece

In its annual report released on Thursday, the Bank of Greece (BoG) estimated that the recession will bottom out and expects a slight recovery during the second half of the year subject to political stability and elimination of uncertainty.

The central bank noted that the key prerequisite for recovery of the Greek economy hinges om an agreement in the first programme review, voting of the relevant measures in the Parliament, implementation of the required reforms as well as political and e...

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