PDMA highlights improving debt profile, targets 8-12 bln in new issues for 2021
BoG insists on need for bad bank, sees EU funds boosting recovery from 2021
Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
PMI rises to 50 points in September, signalling stabilisation
BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Greece draws strong interest, attractive yield by re-opening 10-year bond
Management of NPLs to test gov't in negotiations with lenders
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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