Deal seen on energy liberalisation as third review SLA edges closer
Coalition appears to reach common ground with notaries over property auctions
EC upbeat on reforms paying off, as long as they continue
IMF adds to calls for no further delays to e-auctions
Minister proposes way forward for auctions as pressure mounts from banks, creditors
Eurogroup sees review conclusion in sight, warns over property auctions
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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