European Central Bank aiming to reduce Greek NPLs by 50%

2 September 2016
72 Views

The meeting between the Minister of Finance Euclid Tsakalotos and the chief of the SSM’s Supervisory Board Danièle Nouy in Frankfurt lasted about an hour and a half.

According to reports, the prospects of the Greek banking system, following the most recent recapitalization and management of non-performing loans, were at the top of the agenda.

The aim of the European Central Bank is for NPLs to drop to 50%, following the recent legislative reforms on their management, which allows them to be sold on to third parties.

You may be interested

The full IMF programme for Greece
FINANCE
shares55 views
FINANCE
shares55 views

The full IMF programme for Greece

makis - Jul 21, 2017

The IMF published its new programme on Greece on Thursday, which was approved on principle by the organisation’s board of…

President Pavlopoulos extends support to Kos Mayor
POLITICS
shares60 views
POLITICS
shares60 views

President Pavlopoulos extends support to Kos Mayor

makis - Jul 21, 2017

The President of the Hellenic Republic, Prokopis Pavlopoulos expressed his deepest sorrow for the victims of the Kos earthquake in…

Kos earthquake: Turkish victim identified as Sinan Kurtoglu
GREECE
shares89 views
GREECE
shares89 views

Kos earthquake: Turkish victim identified as Sinan Kurtoglu

makis - Jul 21, 2017

The name of the Turkish national killed in the earthquake on the island of Kos is Sinan Kurtoglu. According to…

Leave a Comment

Your email address will not be published.