Mortgage and corporate loans secured against properties and totaling an estimated 70 billion euros will have been transferred to various funds by the end of the year, radically changing the basis of the debate regarding the protection of the main residences of individual borrowers as well as tens of thousands of professionals or entrepreneurs.
After suffering criticism for years over their efficiency in achieving the settlement of bad loans, banks are definitively withdrawing from that…
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Source: ekathimerini.com