Tuesday Jan 27, 2015 Search
Weather | Athens
13o C
7o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Government tries to get handle on NPLs

The coalition government is striving to confront the problem of nonperforming loans (NPLs) extended to households and businesses through a number of concurrent measures.

Government officials are examining revisions for pre-bankruptcy procedures available to large enterprises, which would reportedly facilitate creditor interests. As for households, a code of ethics approved by the Bank of Greece last week will serve as a basic tool for combating NPLs. It lists a series of solutions that may be offered by banks to debt holders of unserviced loans. Debt holders, however, will need to be categorized as cooperative by banks to qualify for loan revision solutions.

Essential household living expenses are expected to be factored into calculations for home, personal and small-business loan payment revisions. These figures will be based on studies conducted by the Greek statistical authority for various household sizes.

ekathimerini.com , Sunday August 31, 2014 (13:56)  
Greek bonds continue post-election plunge
Mixed reaction from big investors to Greek election result
Turk-Cypriot says gas search should stop until Cyprus solution is found
Bank stocks lose 23 pct in just two days
Greek coast guard search for missing ferry passenger
Coast guard vessels and helicopters continued to search for a missing passenger from a ferry from Crete that docked at Piraeus shortly before 7 a.m. on Tuesday. There had been no sign of him...
Serres police seek thieves of contraband smokes
Police in Serres, northern Greece, were on Tuesday seeking the thieves that stole more than 100,000 packets of contraband cigarettes from a customs authorities warehouse in a break-in believ...
Inside News
BASKETBALL
Basket League favorites survive challenges on the road
PAOK consolidated its position in the top three of the Basket League with a triumph at AGO Rethymnou on Saturday, while Olympiakos and Panathinaikos emerged victorious from their tough away ...
SOCCER
Olympiakos overcomes depleted OFI at Iraklio
Easy though it may seem, Olympiakoss 3-0 win at depleted OFI Crete was rather difficult on Saturday, but was enough to keep the Reds on top on Saturday, as they have maintained their two-po...
Inside Sports
COMMENTARY
Greece, where everyones a winner
Whether a tradition or simply a bad habit, we have trouble finding a loser in any electoral race, a party leader who will openly concede defeat without trying to mitigate it with excuses. Th...
EDITORIAL
Political faux pas
Democracies have rules and institutions that must be respected and served by all who represent them. Most people can appreciate that politicians who have worked hard for the past two-and-a-h...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Greek bonds continue post-election plunge
2. Mixed reaction from big investors to Greek election result
3. Turk-Cypriot says gas search should stop until Cyprus solution is found
4. Greek coast guard search for missing ferry passenger
5. Serres police seek thieves of contraband smokes
6. Bank stocks lose 23 pct in just two days
more news
Today
This Week
1. Greek Elections 2015: Forming a government, Part 1 | LIVE
2. Greece, where everyone's a winner
3. Three days of mourning declared over death of two Greek pilots in Spain
4. Greek uncertainty weighs on low-rated eurozone bonds
5. Political faux pas
6. Europe stocks fall from seven-year high; Greek bonds drop
Today
This Week
1. Greek Elections 2015 | LIVE
2. SYRIZA heads for historic victory but without majority
3. Greek Elections 2015 | LIVE
4. Greeks fork out nearly 5 pct of their incomes on telecom services
5. Unsupervised voting
6. QE exclusion a de facto Grexit
Advertiser Link
SMART WATER Project: Outputs and conclusions of the final conference
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.