Christos Megalou: Piraeus Bank’s NPEs Index at 9% in June

Eurobank’s  CEO Fokion Karavias estimated that Greek NPEs will increase due to the pandemic but the problem will be lower compared to the 10-year crisis and manageable.

In an interview, ECB’s representative for the Greek program Francesco Drudi said that the adoption of measures to contain NPEs is of ‘vital’ importance.

The view that Greek banks could – under a stress scenario – see inflows of new bad loans amounting to…