Management of NPLs to test gov't in negotiations with lenders

Economy Tags: Banking, NPLs
Photo by MacroPolis
Photo by MacroPolis

Following an agreement on foreclosures that was part of the first set of milestones, Greece now has to reach an accord with the institutions on a non-performing loan (NPL) strategy.

According to the latest official figures for non-performing exposure (NPEs), which is the key metric of bank loan quality since the beginning of the year, the ratio over total loans edged up to 42.1 percent in June from 39.9 percent at the end of 2014.

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