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EconomyMacroeconomy
Credit contraction at 1.1 pct in Jan, balance at 169.42 bln Credit contraction in the Greek market came to 1.1 percent in January, unchanged from December, Bank of Greece (BoG) figures showed on Wednesday.
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EconomyProgramme
Athens adjusts foreclosure framework, waits for lenders to give green light The Greek government is hoping to table in Parliament early next week the new bill for the protection of primary residences from foreclosures after another round of talks with local bankers on Thursday.
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EconomyProgramme
EU officials suggest frantic days ahead for Athens until March 11 Eurogroup Comments made to Reuters by European officials regarding the possibility of eurozone finance ministers delaying a decision to disburse up to 750 million euros to Greece on March 11 have raised concerns in Athens, where the Finance Ministry is waiting for a response from Brussels to its proposal for a new scheme to protect primary residences from foreclosure.
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EconomyProgramme
Athens waits for response from institutions on primary residences proposal The government and the banks are waiting for a response this week from the institutions and the European banking supervisory authorities regarding the proposal for the framework that will succeed the Katseli law.
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EconomyProgramme
Government and banks reach deal over new scheme to protect main homes The government and Greece’s bankers appear to have reached an agreement on the framework to protect primary residences from foreclosure when the extension to the Katseli law runs out at the end of February.
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EconomyProgramme
Athens prepares new primary residences proposal after finding common ground with banks The Greek government and local banks are reportedly making progress in their discussions about how to replace the Katseli law, which expires at the end of the month, with a new framework for protecting primary residences from foreclosure.
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EconomyFeatures
Bank of Greece outlines challenges to SME funding, gaps in knowledge The Bank of Greece (BoG)’s December 2018 economic bulletin laid out some of the funding challenges faced by Greek SMEs from 2014 to 2017.
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EconomyProgramme
Banks and government inching towards new framework to protect primary homes Talks between banks and the Greek government on the primary residence protection framework are due to continue this week, with the latter being left under no illusions by its European lenders that it will have to move quickly on this and a number of other issues over the next few weeks if the March 11 Eurogroup is to give the green light for further debt relief measures.
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EconomyBanking
BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans Banks continue to make progress on reducing their bad loans, with the Bank of Greece (BoG) presenting its strategy for reducing bad loans to the European Commission at the end of last week.
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EconomyMacroeconomy
Credit contraction at 1.1 pct in Dec, loans to enterprises increase by 1.09 bln MoM Credit contraction in the Greek market came to 1.1 percent in December compared to a contraction of 1.4 percent seen in November, Bank of Greece (BoG) figures showed on Monday.