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Banks on track with NPE targets in Q2 as sales play bigger role
EconomyMacroeconomyfallen by 17.3 percent, or 18.6 billion euros. Excluding off-balance sheet items, NPE stock
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Newsletter 173 -07/09/2018
. Excluding off-balance sheet items, NPE stock was reduced by 3.8 billion euros quarter-on-quarter (QoQ
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Tsipras pledges array of tax cuts, hopes for break on pensions
PoliticsGreek Politicsbrushed off concerns expressed by the Hellenic Federation of Industries (SEV) about the increase
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Mixed picture for government after first day of talks with creditors
EconomyProgrammesources, the issue of calling off next year’s pension cuts was raised. The Greek side reportedly set out
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Lenders' visit concludes with no firm answer on pension cuts
EconomyProgrammeThe first post-programme inspection by the institutions is due to be wrapped up on Friday with no final decision on whether the pension cuts due to be implemented next year will be called off, but with the Greek government confident that it will be granted this concession by its lenders. Government
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Card transactions in Greece experience boost due to capital controls
EconomyBankingincentivised, the higher use of cards and the improved tax revenue collections entailed could taper off
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No imminent decision on pension cuts as Athens moves ahead with minimum wage increase
EconomyProgrammeindication so far from the government that it will call off the pension cuts if the lenders do
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Mortgage loans a key piece of NPL reduction puzzle
EconomyBankingtargets. Excluding off-balance sheet items, the NPE stock was reduced by 3.8 billion euros quarter
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Lenders set to keep coalition waiting for answer on pension cuts
PoliticsGreek Politicsof holding elections in February, regardless of whether there is an agreement to hold off
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Greek leaders' contrasting visions all a blur
Agorathey lacked, while fending off the advances of the few. Mitsotakis pledges The vision presented
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