Improved flexibility?

Pic© James Petts

Category: NPLs


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Legal changes driving Greek NPL expansion

KKR Credit's Pillarstone unit recently bolstered its senior team in Greece. The move reflects rising interest in the Greek NPL market, following the second appraisal of the country's economic adjustment programme.

The Pillarstone hires follow a May 2016 agreement between KKR, Alpha Bank and Eurobank to expand the platform in Greece.

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