October 4, 2018 / 10:58 AM / 2 months ago

Greek finance minister says sour loans at banks 'totally manageable'

FILE PHOTO: Greek Finance Minister Euclid Tsakalotos attends an eurozone finance ministers meeting in Brussels, Belgium July 12, 2018. REUTERS/Francois Lenoir

ATHENS (Reuters) - Greece’s finance minister said on Thursday the challenge of wrestling down non performing loans at the country’s commercial banks was ‘totally manageable’.

Euclid Tsakalotos told lawmakers all Greek bank had reached and exceeded targets set on reducing their stockpile of bad loans.

Reporting By Michele Kambas

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