NPLs
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Economy
Despite Slow Growth, Italy Successfully Ditches More Bad Loans
Even while Italy’s economy is just barely avoiding a recession, notable progress has been made to erase a portion of…
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Economy
Greece Sets Sights on Lower Taxes and Debt
Massive strides are being taken to cut down remaining debt from bad loans – a major deterrent in Greek banks’…
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Greece
Facing Down Conservative Rivals, Greek Prime Minister Alexis Tsipras Wins Vote of Confidence in Parliament
Greece concluded a dramatic no-confidence vote on Wednesday evening after two days of debate, acting as something of a referendum…
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Cyprus
Defying Expectations, Nicosia’s Budget Produces Surplus for the Fourth Year Running
For the fourth year running, the Cypriot national budget will produce a surplus. This is good news for the country’s…
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Cyprus
Cypriot Economy Continues Upward Climb
Standard & Poor’s has just upgraded Cyprus’s sovereign credit rating back to investment grade, after more than six years of…
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Cyprus
Head of Cyprus Chamber of Commerce and Industry Hopes to Bring the Country to the Digital Forefront
For 91 years, the Cyprus Chamber of Commerce and Industry (CCCI) has been working with both the Cypriot business community…
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Spain
Spain’s SAREB Charts Europe’s Course for Healthy Banking Systems
With each new project that SAREB puts its hand into, Echegoyen says the key is transparency. “Pain is the touchstone…
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Spain
Revival of Spain’s Banks Creates Recovery Model for Europe
Few narratives are more rousing than a classic underdog story. A protagonist that confounds expectations by overcoming seemingly insurmountable obstacles…
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Cyprus
A Tale of Restored Confidence
After a challenging few years, the Cypriot banking sector is enjoying strong performance, thanks to successful recapitalisations and reforms that…
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Cyprus
Unravelling the Keys to the Cypriot Macro-Turnaround
Harris Georgiades, Cyprus’s Minister of Finance, is taking a well-earned victory lap. After the eastern Mediterranean island’s near death experience…
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