Travel balance down by 29 pct in April as receipts slump
April current account deficit at 1.34 bln as goods deficit grows
Industrial turnover rises by 6.7 pct in April for fourth positive reading
Primary cash surplus at 6.4 bln in year to date, expenditure rises during May
Turnover in services sector shows deteriorations in Q1 2018
Budget primary surplus at 1.54 bln in May on revenue rise, sharp investment underspend
Bank of Greece publishes revised Code of Conduct for management of NPLs
Bank of Greece published on Tuesday evening the revised Code of Conduct for the management of non-performing loans (NPLs) held by individuals and very small businesses (with turnover less than 1 million euros).
The code outlines general principles of behaviour and adopts best practices for banks and borrowers, with the aim of finding settlement solutions that take into account the capabilities and particularities of each borrower.
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