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Thursday, November 30, 2017

GREEK banks to clear irretrievable debts of 20 billion euros

Bad loans totaling some 20 billion euros have been classified as irretrievable by Greece's systemic banks. Those old nonperforming loans account for about a fifth of all nonperforming exposures worth some 100 billion euros in total, and were taken out by companies that ceased operations years ago, ...


READ THE ORIGINAL POST AT www.tornosnews.gr