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  1. Property e-auctions resume after pandemic hiatus as banks focus on NPLs
    Photo by Vassilis Asvestopoulos/Fosphotos

    EconomyBanking

    Property e-auctions resumed last week after a six month hiatus due to the coronavirus pandemic as banks hoped to preserve prices for valuations. According to eauctions.gr, around 320 properties were put up for auction last Wednesday. with the main interest coming from banks rather than private

    2%

  2. Banks remain largely profitable in Q2, with focus on NPL reductions
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    of existing loans. According to eauctions.gr, around 320 properties were put up for auction last Wednesday

    2%

  3. More fires at Moria add to pressure for effective response to asylum crisis

    PoliticsGreek Politics

    Greece as a bridge to the EU rather than a hurdle, and put an end to an approach that is increasingly

    2%

  4. Athens hopes for letup in Turkey friction, but talks still in balance

    PoliticsForeign Policy

    taken several steps to put pressure on Ankara to refrain from renewing the NAVTEX for the Oruc Reis

    2%

  5. BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
    Photo via http://www.delphiforum.gr/

    Economy

    that have been put in place to support households and businesses are lifted. With the APS Hercules

    2%

  6. Heading for talks with Turkey, Athens sets expectations low
    www.mfa.gr

    PoliticsGreek Politics

    Athens had traditionally put on the negotiating table – maritime zones, continental shelf

    2%

  7. Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions

    EconomyProgramme

    to assess the impact of the pandemic exceptionally difficult and could put extra pressure on the economy

    2%

  8. Athens "Great Walk" plan scaled back amid criticism
    Photo by MacroPolis

    PoliticsGreek Politics

    to be put out to consultation in the coming weeks. While several aspects of the pilot

    2%

  9. High hopes for Pompeo visit as new row brews over media handouts

    PoliticsGreek Politics

    the money directly. Unlike the scheme the government put together during the first Covid-19 wave

    2%

  10. IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    . In this context, the plan put forward by the Bank of Greece for a bad bank could be a welcome addition

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