Greek non-performing exposures to hinder bank debt issuance

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Greek non-performing exposures to hinder bank debt issuance

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Greece flag. Euro money. Euro currency. Colorful waving greece flag on a euro money background | Marian Vejcik/weyo - stock.adobe.com

Equity investors welcomed the prospects of elections in Greece, sending bank stocks up 25% this week. But with banks in the country struggling with non-performing exposures (NPE), the debt market is unlikely to see a change in negative sentiment, said FIG bankers.

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