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He underlined that as payment moratoria come to an end,  “every effort should be made to avert costly cliff effects in time .Many of the lessons of previous crises may not have been learnt.”

Greece’s Finance Ministry has been exerting pressure on the country’s official sector lenders in the last few hours in order to get a positive response to providing a short extension on the Bridge Program.

On September 11, Pancretan Bank received three binding offers from an equal number of loan servicers (doValue Greece, Q-quant Master Servicer and Cepal) for its non-performing exposures of 1.077 billion euros, as well as for a part of the intermediate bonds (144 million euros)from the “Castor” project.

What the PM’s top economic adviser, Alex Patelis, says about the bad bank plan being pushed by the Bank of Greece to further reduce NPLs.

Why the bank was forced to restructure the securitized notes it has issued. How the structure of the bonds is now formed.

Τhe member companies of the Loan and Credit Claims Management Association have decided to suspend auctions scheduled until December 31, 2020 that concern the main residences of vulnerable borrowers.

Piraeus Bank and MIG have decided to put aside their differences and proceed with the development of a joint strategy, to block National Bank and Eurobank’s plans for the Vivartia loans.

The move by the National Bank and Eurobank to start the sale of Vivartia loans has upset Piraeus Bank, as it is seen complicating efforts to sell its own claims to parent company MIG, as both bond issues are backed by Vivartia shares. .

A storm of auctions await real estate agents, with a traditional presence and interests in Mykonos.