Greek banks must step up efforts to reduce NPLs, say Stournaras, Nouy

Greek lenders should step up their efforts to reduce their non-performing loans (NPLs), Greek central banker Yannis Stournaras and the chair of the Supervisory Board of the European Central Bank, Daniele Nouy, agreed during a meeting in Athens on Wednesday.

According to sources at the Bank of Greece, the two officials also discussed wider issues affecting the Greek economy and the banking system.