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Intrum

10% GDP contraction puts NPL secondary market to a bumpy road
Finance

10% GDP contraction puts NPL secondary market to a bumpy road

14 April 2020 Editors

A prolonged recession in Greece will surge defaults and bad loans. A negative impact is also expected on the secondary NPL market. European Commission and the IMF forecast a 10% contraction this year.
Greek banks still carry most of NPLs in their balance sheet.

Intrum expects a delay on cash flow in  Italy
Highlights

Intrum expects a delay on cash flow in Italy

11 March 2020 Christos Ziotis

Intrum, the  Swedish debt collector, announced yesterday  that anticipates  delay on cash flow in Italy. In light of the Italian…

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