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Tsipras urges swift conclusion of review but doubts linger
PoliticsGreek Politics, contrasting it with the precautionary credit line that the New Democracy-led government
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Athens relieved as ECB and IMF seem to reach understanding on Greek banks
EconomyBankingand is no longer demanding Asset Quality Reviews (AQR) to be conducted for Greece’s systemic credit institutions
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Eurobank sells NPL package in attempt to reduce bad debt pile
EconomyBankingEurobank became the first Greek systemic bank to sell a package of non-performing loans (NPLs) as Greek credit institutions attempt to tackle non-performing exposures (NPEs) in excess of 100 billion euros in their balance sheets. Eurobank sold a pool of unsecured consumer loans with a nominal value
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Banks enhance steps to deal with NPLs ahead of stress test
EconomyBankingto grant new loans at lower rates, thus minimising the credit risk that has left funding stagnant
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Greece drops six places in global ease of doing business report
EconomyFeaturesdeveloped countries. Securing credit also appeared to be a major challenge, with Greece falling from 82
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IMF adds to calls for no further delays to e-auctions
EconomyProgrammesupport the resumption of credit and growth in Greece over the medium run. “We, therefore, encourage
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EC upbeat on reforms paying off, as long as they continue
EconomyProgrammecredit to broaden the tax base in 2020. If it is seen necessary to maintain the primary surplus
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Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
EconomyBankingthe deferred tax credit (DTC) remained at 4 billion, of which 1.3 billion stems from PSI and 2.7
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November PMI at 52.2 as new business growth hits 45-month high, hirings reach 18-year peak
EconomyMacroeconomyby availability of credit, a known challenge in Greece. Markit analysts highlight the positive
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ECB survey shows enduring preference for cash payments in Greece
EconomyFeaturesreported having access to a card payment method such as a debit or credit card. However, among all
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