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
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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