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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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Third review seen taking longer than Athens had hoped
PoliticsGreek PoliticsMinistry official repeated the Greek government’s position that a further Asset Quality Review (AQR
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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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Newsletter 132
the International Monetary Fund (IMF) for new asset quality reviews (AQRs) to be carried out. In its staff
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Early banks stress tests offered as Greek programme compromise
EconomyProgrammeIt appears that European lenders are trying to remove one of the potential stumbling blocks to Greece’s programme, which was the dispute over whether Greek banks need another round of asset quality reviews (AQRs) or not. The International Monetary Fund has insisted that these tests are needed
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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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