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Wednesday, January 31, 2018

Out-of-court settlement applications for firms with loan arrears to soar in GREECE

A recently inaugurated out-of-court settlement framework has adjudicated 15 cases of businesses' arrears to banks, a figure that is nonetheless paltry but at least the beginning of a process expected to skyrocket in the near future, given the massive amount of NPLs in the country, especially 'bad debt' ...


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