private debt
Economy
Greek Parliament's Budget Office Warns Private Debt Near Levels of Public Debt
Greek Parliament's Budget Office issued its quarterly report on Monday. The report signals a warning regarding the explosion of Greece's private debt that is nearing the levels of public debt in the country. The report states: "Without a doubt,...
Economy
Private NPLs Exceed Greece's GDP
There is a steep Greek debt in private loans in comparison with the country's GDP, the Greek newspaper Kathimerini reports.
According to the news source, as they break it down the numbers are staggering.
The amount that totals in expired private...
Economy
Greece Close to Bankruptcy as Private Debt Is Higher than GDP
Greece is on the brink of bankruptcy as private debt is higher than gross domestic product and rising, says a Greek Money report.
Private debt is higher than GDP and if the state debt is added to the equation, the...
Economy
A Comprehensive Overall Solution for Greece's Debt by August 15
The Troika of Greece’s creditors managed to reach an agreement with the Greek government today, that a comprehensive 'overall solution' will be sought on the issue of debt, held by banks and the state, and social insurance funds.
The meeting was attended by ministers,...