Savings banks turn a profit... Decline in delinquency rate to 6% due to 'cleanup of bad debts'
Savings banks have reported a significant improvement in their financial health by actively resolving bad debts, resulting in a drop in delinquency rates to 6% and a return to profitability last year.
Bad news for those with mortgage debts – the impact of the Middle East conflict is now visible 'right from the back'
The conflict in Iran has led to rising market interest rates, affecting mortgage rates in the Eurozone.
Servicers’ settlement total almost 4 billion out of 80 billion euros in bad loans
In 2025, servicers in Greece settled debts totaling approximately 4.09 billion euros out of a larger pool of 80 billion euros in non-performing loans.
Fiasco for Chinese wind farm – billions blown away in bad contracts
A major Chinese wind farm project has failed due to unfavorable electricity contracts, leaving behind substantial debts and raising concerns over investment strategies in Europe.