Draft law aimed to boost banks' legal claims on collateral; 'bad debt' strangling domestic lending sector

Expected revisions in Greece's civil law code - listed in draft legislation already tabled in Parliament - are expected to strengthen the country's thrice-recapitalized banks' position as mortgage creditors, while at the same time laying down foundations for finally establishing a secondary market for non-performing loans (NPLs).
Keywords
Τυχαία Θέματα