Athens edges towards compromise on pension cuts but may have to plug fiscal gap
Athens to send draft budget to Brussels after talks with IMF on pensions
Eurogroup suggests there is scope for pension cuts to be called off
Question mark over pension cuts in 2019 draft budget as Athens looks to lenders
Athens prepares 2019 draft budget amid pension cuts dilemma
Tsakalotos states case on pension cuts in bid to overcome lenders' reluctance
Effort to end notaries' strike amid concern for auctions, NPLs
The decision by the notaries’ associations to boycott all types of auctions, including electronic ones that are due to start at the end of November, has triggered concern within the government and its lenders. The electronic auctions are seen as a key way of reducing banks’ exposure to non-performing loans and raising funds.
The longer the process does not go ahead, the more speculation mounts about Greek lenders needing further recapitalisation. This was reflected in banks’ share prices this week, which have nosedived since Monday.
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