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Despite the boost that HAPs has given to the Greek market, the NPL ratio remains the highest in the Eurozone and pandemic loans are expected to add another €10 bn to the Bad Loans stock.

How will Greek banks accelerate transactions? How will the Servicers deal with the 250,000+ properties destined to come to them and what will the new Insolvency Law and the ECB’s Pandemic Emergency Programme bring for the market?

To discuss these and many more pressing issues facing the Greek and Cypriot markets, contact the SmithNovak team at www.smithnovak.com