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Bank of Greece Presents Plan to Slash Non-Performing Loans by 47%
Τhe Bank of Greece on Thursday presented a plan to reduce Greek banks' non-performing loans by up to 47 percent. Greek banks currently hold the...
How an Idea Born in Greece Transformed Australia’s Loans Market
An idea born in a recession-hit Greek bank is making waves on the other side of the world, putting power into the hands of...
House Multi-Bill Guarantees €25 Bln to ESM for Greece's Loans
Greek Finance Minister Euclid Tsakalotos (right) with ESM President Klaus Regling
A clause by which the Greek State guarantees €25 billion for loans received by...
Bank of Greece Says Bad Loans Declined in 2017
Non-performing loans (NPLs) fell in 2017 and credit risk is down compared with previous quarters, but a further decline will depend on developments in Greece's...
IMF Says Cyprus Needs to Tackle Bad Loans
Cyprus needs to make reforms to cut the number of bad loans in the island's troubled economy, the IMF has said.
A post-bailout monitoring team...
Stress Testing for Bad Loans Hits Greek Banks
International pressure to make Greece's biggest banks increase their provisions against bad loans has seen the country's major institutions take up billions of euros...
Bad Loans Threaten Greek Recovery, Says ECB
The Greek economy is recovering, the stability programme is ending in August and a gradual loosening and lifting of capital controls is expected, Daniele...
Greece Planning €19B 'Safety Net' to Avoid More Loans
Greece is drawing up plans for its own €19-billion ‘safety net’, to avoid the need for more credit from international lenders, Athens' finance minister...
EU: Greece has Almost Half of Eurozone's Bad Loans
Non-performing bank loans (NPLs) are a constant threat to the eurozone's banking system and a new report by the European Commission shows Greek institutions...
Bank of Greece Issues Warning on Bad Loans
The banking system is still susceptible to external financial dangers, the Bank of Greece (BoG) warned in a review of the Greek financial sector...