Intrum: Seeks creditor protection to avoid bankruptcy –

Intrum: Seeks creditor protection to avoid bankruptcy
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Intrum Group is currently implementing the plan for capital reinforcement and refinancing of its obligations in order to maximize the value of the organization, improve liquidity and support its long-term development path, as reported by sources of the Greek arm of Intrum. In this context, the agreement has been reached with more than 90% of … Read more

Parliament: New blue confrontation between Vlachos and Hatzidakis over the red loans –

Parliament: New blue confrontation between Vlachos and Hatzidakis over the red loans
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Tones rose between the Minister of Finance and the Member of Parliament for East Attica of New Democracy, Giorgos Vlachos in the Plenary Session of the Parliament against the backdrop of bad loans. Mr. Vlachos was not satisfied with the minister’s answer, after the submission of the question by the 11 MPs, and brought the … Read more