S&P: NPE indices of Greek banks at 5.5% this year, 5% in 2025

 In a surprise move, as it came three months in advance of its scheduled (as part of the EU-required sovereign…

Market Sentiment in the secondary NPL market has deteriorated.
Funds are pressing for additional discounts on NPLs sales.

Despite the turmoil suffered by the economy due to the pandemic, the Finance Ministry, banks, and loan servicers have been drawing on all means, including the Hercules plan, to reduce existing non-performing loans and manage the new wave of bad debt expected.