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Annual debt strategy almost wrapped up with 5-year bond, at 3.92 pct yield
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Consumer scorecard finds Greeks struggling most in EU with cost of living crisis
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Current account deficit narrows to 125.2 mln in Jan on higher exports, moderate fuel impact
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Moody's keeps Greece three notches from investment grade, improves outlook on back of growth potential
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DBRS leaves Greece a notch from investment grade, outlook stable
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Survey highlights households struggling with cost of living, delivers worst outlook since 2019
BoG underlines progress in NPE reduction but stresses need for systemic solution
In its annual report published on Monday, the Bank of Greece (BoG) provided an update regarding Non-Performing Exposures (NPE), which is the major challenge for the domestic banking system and in which the BoG has taken an active role by leading an initiative for a more systematic approach to improving banks’ balance sheets.
At the end of last year, NPEs stood at a total of 81.8 billion euros, which was 12.7 billion lower compared to the end of 2017, and 25.4 billion below their peak in March 2016.
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