Greeks must feel safe about their deposits because of the 100,000
The head of the European Stability Mechanism (ESM) Klaus Regling on Thursday said that the process for reducing the ratio of non-performing loans (NPLs) in Greece must press ahead as quickly as possible,
Banks and the government are committed to working together more intensely to reduce
The Bank of Greece is drafting a plan to reduce Greek banks’ non-performing loans by 40 billion euros. The plan will be included in a Financial Stability report to be released by the end of the week, according to sources.
Non-performing loans fell in 2017, credit risk is down compared with previous quarters, but a further decline will depend on developments in the country’s macro-economic data, the Bank of Greece said in a report released on Thursday.