Justice minister meets with bank association to discuss NPLs

Justice Minister Stavros Kontonis discussed issues relating to the management of non-performing loans (NPLs) held by Greek banks in a meeting with the Hellenic Bank Association (HBA) on Tuesday.

HBA discussed the setting up of an out-of-court settlement for business debts, the recent changes in bankruptcy law, electronic auctions and legal details relating to those issues. Both sides agreed to examine the proposals further through joint committees.