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Sentiment edges up by 1.4 pts in Jan, consumer confidence unchanged
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Greece moves step closer to investment grade as Fitch ups rating by one notch to 'BB+'
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Rise in import prices slow further to 15.7 pct YoY in Nov
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Deposit outflow at 550 mln in Oct, led by a decline in corporates
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Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
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In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
Greece sets out plans for settling SME NPLs; mortgages to come
The outgoing Development Minister Nikos Dendias presented on Monday the much anticipated legislation on the settlement of corporate non-performing loans (NPLs).
MPs are due to vote on the bill by the end of this week. The proposed legal framework addresses NPLs worth 13 billion euros, relating to small businesses (SMEs) and sole proprietors with annual turnovers of less than 2.5 million euros each. Total corpor...
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