In an interview, ECB’s representative for the Greek program Francesco Drudi said that the adoption of measures to contain NPEs is of ‘vital’ importance.
20 May 2020EditorsComments Off on Eurobank CEO on NPEs, Bad Bank and fresh capital needs
Eurobank’s CEO Fokion Karavias estimated that Greek NPEs will increase due to the pandemic but the problem will be lower compared to the 10-year crisis and manageable.