Non-Performing Loans and Resolving Private Sector Insolvency

1. Introduction
Platon Monokroussos, Christos Gortsos

Part I. Theoretical Perspectives and Empirical Evidence

2. Non-performing Loans: Challenges and Options for Banks and Corporations
Rodrigo Olivares-Caminal, Andrea Miglionico

3. Non-performing Loans: A Review of the Literature and the International Experience
Konstantinos I. Nikolopoulos, Andreas I. Tsalas

Part II. International Experience in Dealing with Private Sector Insolvency: Challenges, Remedial Strategies and Lessons Learned

4. The Spanish Experience
Ana Rubio, Olga Gouveia, José María Álvarez

5. Non-performing Loans in Ireland: Property Development Versus Mortgage Lending
Seamus Coffey

6. The Nordic Experience: The Case of Denmark in 2005–2015
Niels Storm Stenbaek

7. The Cyprus Experience in Dealing with Private Sector NPLs
Marios Clerides, Michalis Kammas, George Kyriacou

Part III. Greece: Private Sector Bad Loans—Problem Dimensions, Intrinsic Characteristics and Remedial Strategies

8. The Road to Recovery: Are Greek Banks Able to Finance Greece’s Economic Recovery?
Nikolaos V. Karamouzis

9. The Determinants of Loan Loss Provisions: An Analysis of the Greek Banking System in Light of the Sovereign Debt Crisis
Platon Monokroussos, Dimitrios Thomakos, Thomas A. Alexopoulos, Eleni Lydia Tsioli

10. Micro-behavioral Characteristics in a Recessionary Environment: Moral Hazard and Strategic Default
Ioannis Asimakopoulos, Dimitris Malliaropulos, Panagiotis K. Avramidis, Nickolaos G. Travlos

11. Financial Distress, Moral Hazard Aspects and NPL Formation Under a Long-Lasting Recession: Empirical Evidence from the Greek Crisis
Panayotis Kapopoulos, Efthymios Argyropoulos, Kalliopi-Maria Zekente

12. Non-performing Loans in the Greek Banking System: Navigating Through the “Perfect Storm”
Paul Mylonas, Nikos S. Magginas

13. Characteristics and Possible Solutions to Problems Related to Loans to SMEs in Greece
Nikolaos Vettas, Sophia Stavraki, Michalis Vassiliadis

Part IV. Dealing with Private Sector Insolvency in Greece: Legal Aspects and Institutional Perspectives

14. Existing Corporate and Household Insolvency Frameworks: Characteristics, Weaknesses and Necessary Reforms
Spyros Pagratis, Christina Lolou, Nikolaos Vettas

15. Financial Inclusion: An Overview of Its Various Dimensions and Its Assistance in Reducing Private Sector Insolvency
Christos V. Gortsos, Vasilis Panagiotidis

16. Post-Crisis Corporate Insolvency and Creditor Rights Greece: An Assessment of the Post-Crisis Corporate Insolvency Framework
Constantinos N. Klissouras

Nyckelord: Finance, Banking, Public Finance, Risk Management, Capital Markets