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Friday, March 30, 2018

GREECE'S non-performing loan crisis under control after fire-sale of foreclosed homes

Greek systemic banks outperformed targets to reduce their “bad loans,” the Bank of GREECE reported on Thursday. The report was seen as critical for the four systemic banks; GREECE has the biggest share of Non-Performing Loans (NPLs) in Europe. The Greek banks offloaded €4,7bn and still face a ...


READ THE ORIGINAL POST AT www.neweurope.eu