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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...