Record FDI flow into Greece raises bar, but is it sustainable?
Balance of payments shows shipping on course for bumper year, but economic benefits unclear
One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
Impact of inflation already widespread, but data suggests worse to come
Discussion over PEPP, SGP draw attention to rising yields
Company closures dropped sharply during the pandemic
Post-Covid era dawns on new landscape for bad debt in Greece
At the peak of the Greek financial crisis, Greek banks had accumulated over 100 billion euros of bad loans. At the time, almost half of their outstanding loan amounts fell into this category, with borrowers falling behind on their repayments or deemed as being unlikely to pay.
Several years down the line, a new set of instruments and institutions has emerged to manage bad debt, a large portion of which has been transferred from the banks to other entities. The new landscape which has emerged presents a sunnier prospect for ba...
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