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Monday, December 11, 2017

GREEK banks team up to offer settlements to 170000 debtors

ATHENS – Buried under a mountain of bad loans consuming half their portfolios, GREEK banks have banded together to offer debtors in 170,000 pending cases terms to settle, writing off a big portion of what they owe. Crushed by big pay cuts, tax hikes, slashed pensions and worker firings, many GREEKS ...


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