Dealing with Private Debt and NPLds: A Comprehensive Blueprint

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Dealing with Private Debt and NPLds: A...
 © BusinessMail 2018
By Renos Ioannides*

The excessive private debt burden of households and businesses and the stubbornly high levels of non-performing loans are on top of everybody’s agenda these days, as they should be in light of their strategic importance for the country.

2018 will be, one way or the other, a milestone year for local banks on both fronts. Despite the inroads made to date, the situation is not self-healing and far-reaching decisions ought to be taken. If they are not, the long-term stability of the financial system may be put at risk and the impressive rebound of...


This article was automatically added to our system 1-4-2018

Dealing with Private Debt and NPLds: A Comprehensive Blueprint


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