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Hercules Scheme: How Greece Slashed Bad Loans from €75.3 Billion to Just 3.3% of Bank Loan Portfolios

12 October 2026

Seven years have passed since the European Commission approved the Hercules Asset Protection Scheme on October 10, 2019, marking a turning point

Interim Dividend from Phoenix Vega Mezz

9 October 2026

The distribution of an interim dividend totaling 3,000,000.00 euros (before tax withholding), corresponding to a gross amount of

A Second Chance for the Swiss Franc

8 October 2026

Holders of loans with Swiss franc clauses may have another chance, as banks are considering the possibility of continuing the restructuring arrangements

Qualco: Tsakalotos’ New Investment Bet – Real Estate, Embedded Finance and Defence

7 October 2026

Qualco is betting on three new growth pillars as it maps out its next phase, seeking to broaden its footprint beyond the Group’s traditional business and develop
Pierrakakis: Call on Servicers to Speed Up Loan Restructuring

15 July 2026

Out-of-Court Settlements: How Many Loans Did Servicers Restructure?

7 October 2026

In August, servicers finalized restructuring agreements totaling 164.4 million euros for 2,080 borrowers.

Greek Loan Servicers Hunt for ‘Missing’ Borrowers Owing Over €35 Billion

7 October 2026

Greek loan servicers are facing a major challenge in tracking down hundreds of thousands of “missing” borrowers who owe more than €35 billion

What Do the Government’s Measures for Servicers Entail?

1 October 2026

A clearer restructuring process, a standardized and documented restructuring proposal, increased transparency and oversight of servicers, and enhanced protection

Loan Servicers: Fines of up to €500,000 and a Five-Instalment Penalty – What Changes for Debt Restructurings

1 October 2026

Greece’s new, stricter regulatory framework for loan servicers is expected to be passed by Parliament by the end of October, introducing fines of up to €500,000,

Greece Tightens Rules for Loan Servicers, Sets Fines of Up to €500,000

30 September 2026

Greece is moving to tighten rules governing loan servicers, introducing tougher penalties and binding requirements on debt restructuring

Project Athena and the Development of the Loan Market

29 September 2026

Alpha Bank announced the sale of Project Athena—a portfolio of non-performing loans, primarily secured loans to small businesses and households

Property Auctions Struggle to Attract Buyers Even After Prices Fall by 35%

7 October 2026

Property auction success rates remain low, despite significant reductions in starting prices in subsequent auction rounds, which would theoretically be expected to attract greater buyer interest.
How many people participated in the Swiss franc settlement

5 October 2026

European CLO refinancing activity surges as BofA lifts 2026 forecast to €60bn

30 September 2026

European CLO refinancing activity is accelerating, prompting Bank of America to raise its forecast for refinancing and reset volumes in 2026 to €60 billion.
Intrum to co-invest and become servicer to Nordic NPL portfolio

18 September 2026

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Loan Servicers Face New Rules on NPLs: Tighter Supervision, Fines of Up to €500,000 and Audits of the Hercules Scheme

News

Hercules Scheme: How Greece Slashed Bad Loans from €75.3 Billion to Just 3.3% of Bank Loan Portfolios

Interim Dividend from Phoenix Vega Mezz

A Second Chance for the Swiss Franc

Editorial

Hercules Scheme: How Greece Slashed Bad Loans from €75.3 Billion to Just 3.3% of Bank Loan Portfolios

New Framework for Debtors and Servicers Under Public Consultation – What It Entails

Overdue Debt at €238.6bn – More Than Half of Greece’s Private Debt Is in Arrears

Bad Loans: New Generation of Borrowers Comes Under Scrutiny as Interest Rates Rise

Servicers Under EU Spotlight: New Borrower Protection Rules to Shape Europe’s NPL Market

Experts

Intrum Hellas: Maria Vergi Steps Down

Servicers: €372 Million in Loan Restructurings in One Month – Mortgages in the Spotlight

Direct arrangements of 400 million euros by servicers in May

Greek Servicers See Marginal Decline in Managed Loan Portfolios in Q1 2026

Servicers: €205 Million in Loan Restructurings in a Single Month – doValue and Cepal Lead the Management of Non-Performing Loans

Interviews

Qualco: Tsakalotos’ New Investment Bet – Real Estate, Embedded Finance and Defence

Analysis

Loan Servicers Face New Rules on NPLs: Tighter Supervision, Fines of Up to €500,000 and Audits of the Hercules Scheme

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HIGHLIGHTS

Out-of-Court Settlements: How Many Loans Did Servicers Restructure?

Greek Loan Servicers Hunt for ‘Missing’ Borrowers Owing Over €35 Billion

What Do the Government’s Measures for Servicers Entail?

Loan Servicers: Fines of up to €500,000 and a Five-Instalment Penalty – What Changes for Debt Restructurings

Greece Tightens Rules for Loan Servicers, Sets Fines of Up to €500,000

Project Athena and the Development of the Loan Market

People

Property Auctions Struggle to Attract Buyers Even After Prices Fall by 35%

Global

European CLO refinancing activity surges as BofA lifts 2026 forecast to €60bn

Buzz Talk

VIDEO

20% – 25% dip in securitization business plans

Georgakopoulos Ocin24: The benefits of occupational social security funds

Christos Staikouras, Greek Minister of Finance at 4th NPL Summit

Angelos Angelidis presentation at 4th NPL Summit