Reports from Eurogroup: Draghi cites importance of dealing with Greek NPLs, stalled property auctions

Monday, 06 November 2017 22:22
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Eurozone finance ministers emphasized the need for the Greek government to continue agreed to reforms, according to reports related to the Eurogroup meeting in Brussels on Monday.

Moreover, ECB President Mario Draghi also touched on the need for the leftist-rightist coalition government to finally deal with the massive mountain of debt entailed in non-performing loans (NPLs) in the country, as well as sputtering efforts to finally resume property auctions.

Eurozone finance ministers were briefed over progress in negotiations between creditors’ representatives and top government officials, as talks now center on concluding the third review of the current (and last) bailout. 

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