Funds eye Europe's €2tr of NPLs as Greece seeks to divest
Specialist funds in Europe are looking forward to a feast of non-performing loan sales, with Portugal and Greece set to join Italy as hotspots.
Europe still has some €2tr of unresolved non-core assets, according to a report published by Deloitte this week.
There are about €70bn of non-performing asset sales going on at the moment in 56 deals, Deloitte estimated.Many of these are in Italy, where deal flow is expected to be larger ...
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