The NPL ratio of Greek banks was the highest in the EU but in the last three years and until December 2019, the NPL volume fell 4/6  BIS central bankers' speeches  significantly by about € billion from a peak of almost € billion in March 2016, mainly through write-offs and sales of loans.
The year-on-year rate of change in consumer prices is projected to be zero percent or a slight increase toward the end of the year, as the effects of temporary factors, such as the decline in rice prices and the reduction in electricity and telephone charges, fall off.