NPLs

One such hot potato is banks’ non-performing loans (NPLs) and another is the Public Power Corporation (PPC).

The discussions will begin by examining the so-called “[Louka] Katselis law”, which has until now protected debtors’ primary residences (with a strict ceiling on their levels of income and assets) from foreclosure and auction.

'The excessive reliance of fiscal consolidation on taxation creates disincentives for work and investment, while also leading to a growing informal economy,' the Interim Report on Monetary Policy states.