Bill for out-of-court workout ready but may need tweaks

EconomyProgramme Tags: Banking, NPLs, Reforms

The Development Ministry has tabled for public consultation until March 3 the draft law on the out-of-court workout, which is one of the key deliverables of the second programme review and also relates to the non-performing loan (NPL) resolution.

It includes the government proposals, which have not been fully agreed with the institutions. Therefore, certain amendments may be incorporated as of next week, when the mission chiefs return to Athens.

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