Study proposes higher public spending to counter expected rise in NPLs

EconomyFeatures Tags: Banking, Covid, GDP, NPLs
By Panayotis Tzamaros/Fosphotos
By Panayotis Tzamaros/Fosphotos

The Centre of Planning and Economic Research (KEPE) has released an analysis of the impact of the coronavirus on Greece’s non-performing loan market. 

Given the difficulty the private sector is bound to face, KEPE suggested that a compensatory factor may be the increase in government spending to support the real economy. For Greece, this may mean a reduction in the required primary surpluses of the st...

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