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Home2021

Year: 2021

The SSM wants banks to tackle NPLs ahead of bad bank solutions
Experts

The SSM wants banks to tackle NPLs ahead of bad bank solutions

4 January 2021 Christos Ziotis

Andrea Enria, the head of the SSM noticed that they will put pressure to banks to tackle NPLs . “We wouldn’t use the carrot in this case – we would rather use the stick,” he said.

Intrum: Household debt has been aggravated by the pandemic in southern Europe
Highlights

Intrum: Household debt has been aggravated by the pandemic in southern Europe

4 January 2021 Editors

Differences in financial health increase among consumers across Europe, amidst the second wave of the pandemic, according to Intrum’s Financial Wellbeing Barometer.

Will 2021 be an auction year? Kipriotis hotels mark the start in March
Highlights

Will 2021 be an auction year? Kipriotis hotels mark the start in March

4 January 2021 Editors

  Regardless of decisions that will be taken – due to the pandemic – on property auctions amidst opposing approaches but also strong pressure from loan servicers, it is certain that 2021 will be characterized as an “auction year”.

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