Privatisation plan inches along as groups express interest in DESFA
IMF sees eurozone debt relief pledges failing to deliver sustainability
IMF insists fiscal targets unrealistic, cites historical evidence to support case
IMF sets out why it stands apart from eurozone on long-term growth prospects
IMF approves programme "in principle," repeats position on debt and reforms
Compliance report looks at programme financing, arrears clearance and 2016 performance
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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