Editorial Archives - NPL Confidential

Pandemic spurs 6-7 bln euros of bad debt

4 June 2020 Konstantinos Papagrigoris 0

Bad debt created by the coronavirus pandemic is expected to be in the range of 6 to 7 billion euros, confirming optimistic scenarios put forth by the management of Greek banks.

Germany into recession in Q1 2020 as GDP falls 2.2%

25 May 2020 Editors 0

A slump in capital investments, private consumption and exports pushed the German economy into a recession in the first quarter,

Hard to predict the shape of the recovery in the Eurozone

18 May 2020 Editors 0

ECB chief economist Philip Lane said the coronavirus-hit euro zone economy probably would not return to its pre-pandemic levels until next year at the earliest.

Can Greece achieve a V-shaped recovery ?

4 May 2020 Christos Ziotis 0

Greece’s 2020 Stability Programme baseline scenario forecasts a 4.7% recession for this year, while the adverse scenario sees a deeper contraction (7.9%).

Regulatory, monetary and fiscal policy initiatives in response to the COVID-19

20 April 2020 Editors 0

Discretionary 2020 fiscal measures adopted in response to coronavirus by 16 April 2020*, % of 2019 GDP Immediate fiscal

F. Kourmousis, the government will give a second chance to distressed borrowers

14 April 2020 Athina Korlira 0

Coronavirus has caused a financial crisis, which has led both households and businesses to not being able to repay finanicial obligations on time. The government is preparing a new law for debt repayments -and if that is not possible- will then considers writing off debts, giving everyone a second chance.

Editorial

Pandemic spurs 6-7 bln euros of bad debt

Germany into recession in Q1 2020 as GDP falls 2.2%

Hard to predict the shape of the recovery in the Eurozone

Can Greece achieve a V-shaped recovery ?

Regulatory, monetary and fiscal policy initiatives in response to the COVID-19

F. Kourmousis, the government will give a second chance to distressed borrowers

Can Greece still hope on the Eurogroup?

Greek Government will adopt additional measures up to 10% of GDP

Why Greece’s Aid package is inadequate

Servicers settled 7 out of 10 Loans through haircut in H2 2019