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Thursday, October 19, 2017

Greek Banks Face `Gangs' in Bad-Loans Battle With Defaulters

When Eurobank Ergasias SA, Greece’s third-biggest lender, recently went after a “strategic defaulter,” angry protesters stormed the courtroom to block its foreclosure attempt. The defaulter, whose name the lender won’t disclose, had not serviced ...


READ THE ORIGINAL POST AT www.bloomberg.com