Non-Perfoming Loan Transactions: A sneak peek at the legal framework in Greece
During the last 3 years, non-performing loan transactions have seen an outburst, peaking at 7.6 billion in 2019. Undoubtedly, the tailor-maid and updated legal framework has significantly assisted the interesting parties in this area of distressed M&As. In 2015 the Greek Parliament passed the law on the assignment of receivables from loans and credits from…