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IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
EconomyProgrammethat they will be unable to provide credit to the economy at the levels required to support the very ambitious growth
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Rating agencies positive on disbursement, stress programme implementation risks remain high
EconomyRating agencies welcomed the Eurogroup’s decision to approve the disbursement of 10.3 billion euros to Greece and to provide a road map on debt relief, while they stressed that the programme implementation risks remain high. Moody’s noted that both actions are credit positive as they alleviate
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Net profit of 87 mln for NBG in Q1
EconomyBankingshowed, small business loans NPL ratio stood at 63 percent in Q4, consumer credit at 56 percent
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Marginal net losses of 2 mln for Alpha in Q1
EconomyBankingat 15.9 percent. In addition, its tangible equity reached 8.5 billion, while the deferred tax credit (DTC
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Access to finance remains far bigger problem for Greek SMEs compared to euro area peers
EconomyMacroeconomythe contribution of their credit history entering negative territory for the first time. They also continued
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Greek banks on cusp of improved liquidity conditions
Agorasuspension of the application of the minimum credit rating threshold in the collateral eligibility
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BoG reveals medium-term economic forecasts, sees growth of 2.5 pct next year
EconomyMacroeconomyrespectively, largely stemming from an increase in employment and income, improvement in credit conditions
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ECB reinstates waiver in first step towards improving liquidity conditions for Greek banks
EconomyBankingcredit rating threshold with regards to the eligibility of collateral for funding purposes
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Study estimates tax evasion costs taxpayer up to 16 bln annually
Economyand initiatives for the use credit/debit cards in Greece, where card use is one-fourth of the EU average.
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Stournaras eyes easing of capital controls, updates on loan quality and NPL reduction targets
EconomyMacroeconomysuch as the increase in the limits that can be approved by bank committees as well as a rise in the credit
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