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Markets buoyed by election result
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PDMA nears completion of annual debt strategy, taking another cautious step
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Import prices fall sharply by 12.7 pct in Mar, as energy drops by 28.4 pct
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Latest 2022 fiscal data a boost as profit transfers and growth lead to small surplus
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S&P only ups outlook, waits for political clarity before rating move
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BoG sees 2.2 pct growth in 2023 but warns new govt must stick to reforms
Greek banks’ loan quality is deteriorating
One of the most worrying conclusions to emerge from the conference calls that followed the announcement of the Greek banks’ 2014 financial results was the deterioration of the quality of their Greek loan portfolios in the first two months of the year.
This was mostly evident in household lending portfolios and particularly in housing loans, ahead of the implementation of SYRIZA’s proposal for a settlement of non-performing loans (NPLs), which has still not been specified.
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