Athens set for 6.7 bln bailout tranche, talks on post-MoU framework
HRADF outlines major privatisation plan, no timelines given
Despite speculation, post-MoU credit line seems unlikely
Lenders wait for prior actions to be completed, Athens expects 4.5-bln tranche
Conclusion of third review closer as extensive bill tabled by coalition
Omnibus bill to be tabled shortly as Athens edges to third review conclusion
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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