Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions
ESM report highlights programme weaknesses, outlines improvements for future bailouts
Satisfied with reform commitment and pandemic response, EC wraps up sixth post-MoU review
Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
Piecemeal process likely in drive for more fiscal space
Athens takes heart from Gentiloni, Lagarde comments but still has distance to cover
Effort to end notaries' strike amid concern for auctions, NPLs
The decision by the notaries’ associations to boycott all types of auctions, including electronic ones that are due to start at the end of November, has triggered concern within the government and its lenders. The electronic auctions are seen as a key way of reducing banks’ exposure to non-performing loans and raising funds.
The longer the process does not go ahead, the more speculation mounts about Greek lenders needing further recapitalisation. This was reflected in banks’ share prices this week, which have nosedived since Monday.
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