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Wednesday, January 22, 2014

Bad Loans Overwhelm Greek Banks

Bad Loans Overwhelm Greek BanksGreek ReporterNPLs Crushed by big pay cuts, tax hikes, slashed pensions and austerity measures that have created record unemployment, deep poverty and a harsh recession, so many people can't pay what they owe that Greek banks expect bad loans will hit 40 percent ...

READ THE ORIGINAL POST AT greece.greekreporter.com