IMF insists labour market reforms need to be preserved
Sales of HELPE, DESFA and shipyard progress while protests hamper ROSCO, PPC
IMF sets date for Article IV and DSA as markets mull Greek bonds
Delay to final tranche over island VAT as lenders quash talk of pension cut reversal
Commission sets out parameters for post-programme enhanced surveillance
Pension cuts dominate discussion as eurozone prepares to release final bailout tranche
Compromise emerges on liberalisation of NPL market
Beyond the convergence between Greece and its lenders on the basic package of austerity measures worth 3 percent of GDP, the government and the institutions appear to have clinched an agreement on the sale of non-performing loan (NPLs).
A moratorium has reportedly been agreed on the sale of primary-residence backed NPLs across all lending categories until the end of 2017 under certain criteria based around the value of the property and owners’ incomes. For housing NPLs, the threshold u...
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