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Saturday, February 24, 2018

GREEK banks must do more to cut non-performing loans: ECB's Nouy

“That is why the top priority for GREEK banks is to significantly reduce the production of new NPLs, by improving their credit underwriting criteria, and to clean up their balance sheets.” Banks have agreed with European Central Bank regulators to shrink NPEs by about 40 percent by end-2019. Cutting ...


READ THE ORIGINAL POST AT www.reuters.com