Bank of Greece governor Yannis Stournaras on Wednesday urged the government to speed up a plan for the reduction of non-performing loans, ANA reports.
Speaking to reporters, the Greek central banker stressed it was necessary to rapidly promote a plan to reduce NPLs and said that a plan drafted by the Finance Stability Fund could be set in motion initially ahead of the introduction of a Bank of Greece plan. He said that the pending issue of NPLs was causing intense instability in markets and large fluctuations of bank share prices.
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