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Greek banks meet NPE reduction targets in Q2, write-offs remain primary source of reduction
EconomyBankingon the asset quality trends in Q2, BoG noted that the quarterly default rate remains over 2 percent
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Newsletter 131 - 8/9/2017
remained exactly on target. Commenting on the asset quality trends in Q2, BoG noted that the quarterly
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Newsletter 131 -15/09/2017
insistence that Greek banks should undergo another stress test and Asset Quality Review before Greece exits
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Out-of-court workout holds promise for firms in debt
Legaloffers high quality scientific and expert legal advice as well as tailor-made legal services
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Mitsotakis pledges tax cuts and reforms, hopes for lower fiscal targets
PoliticsGreek Politicsand for public universities to be evaluated by an independent quality assessor. The funding
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Clean exit under discussion but course of third review holds key
EconomyProgramme) position on key issues such as banks needing another round of asset quality reviews (AQRs) and the lowering
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Greek competitiveness rank remains low as tax, bureaucracy create obstacles
EconomyFeaturesthe factors measured are the quality of national institutions, infrastructure, innovation, education
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Athens braces for review headwinds due to IMF demands, Berlin changes
PoliticsGreek PoliticsGreek banks are adequately capitalised. The IMF has been demanding a new asset quality review (AQR
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Newsletter 133
organisation’s demand for a new set of asset quality reviews (AQRs) to be conducted. The IMF has
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Eurobank sells NPL package in attempt to reduce bad debt pile
EconomyBankingcents offered by Intrum representing the low level for the sale of loans of such quality, which
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