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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
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Greece draws strong interest, attractive yield by re-opening 10-year bond
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Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
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OECD releases new outlook calling for sustained reforms post Covid-19
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BoG highlights how Covid-19 compounds legacy issues and structural challenges
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Greece issues new 10 yr bond as investor appetite returns
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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