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Friday, July 15, 2022

Finance ministry pressures banks and servicers for more private debt settlement deals

Greek Finance Minister Christos Staikouras is pressuring banks and servicers to intensify efforts towards finding solutions for the settlement of non-performing loans, both through out-of-court settlements and through bilateral agreements. The finance ministry, although it acknowledges that the percentage of loan settlements has increased significantly, believes that the final number of settlements still lags relative […] The post Finance ministry pressures banks and servicers for more private debt settlement deals appeared first on Hellenic News of America.


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