Market liquidity
Credit sector to turn all attention to NPLs
The country's systemic banks will need to pick up their pace in tackling nonperforming loans after the announcement of the stress test results, expected on Saturday.
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INTERVIEW / Adrian Tanase (BVB): I am worried of a fine from the Competition Council
The potential risk of commencing an investigation in the Competition Council concerning the tariff scheme must disappear, and on the General Assembly's agenda of next week there will be a cancellation of the decision to review the scheme, Bucharest Stock Exchange (BVB) CEO Adrian Tanase said in an interview for AGERPRES.
ECB lowers emergency funding cap for Greek banks to 14.7 bln euros
The European Central Bank lowered the ceiling on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 1.9 billion euros to 14.7 billion euros, the Bank of Greece said on Thursday.
ECB lowers ceiling on ELA drawn by Greek banks
The European Central Bank lowered the ceiling on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 3.2 billion euros to 16.6 billion euros, the Bank of Greece said on Thursday.
The move reflected improved liquidity conditions, taking into account private sector deposit flows and banks' access to markets, it said.
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ECB lowers Greek banks' ELA cap further
The European Central Bank lowered the ceiling on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 2.2 billion euros to 19.8 billion euros the Bank of Greece said on Thursday.
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NBG frees itself from ELA dependence
National Bank of Greece has brought its dependence on the central bank's emergency liquidity assistance (ELA) mechanism down to zero.
This satisfies the pledge NBG's management had made for disengagement from the expensive system of cash supply by the end of 2017.
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ECB lowers emergency funding cap for Greek banks to 22 bln euros
The European Central Bank lowered the ceiling on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 2.8 billion euros to 22 billion euros ($26.3 billion) the Bank of Greece said on Wednesday.
Norway’s Statkraft cuts back on power trading in Turkey amid uncertainties, liquidity problems
Norwegian utility company Statkraft said it has reduced its power trading operations in Turkey due to declining market liquidity and an unpredictable outlook.
Uncertain and overtaxed
It has been more than 20 months since the leftist-led government introduced radical changes to the country's social security laws, yet the situation remains utterly unacceptable and completely unreasonable.
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Plenty of challenges for local banks in 2018
The stress tests that will start shortly and reducing nonperforming loans are the main challenges Greek banks will face over the course of 2018.
Their performance on those two fronts will determine to a great extent whether they manage to avoid another recapitalization.
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