Report: NAMA enters debt forgiveness talks with developers

It has been reported that NAMA is entering debt forgiveness talks with a number of property developers.

Report: NAMA enters debt forgiveness talks with developers
Sun, 31 Jul, 2011 - 13:18

It has been reported that NAMA is entering debt forgiveness talks with a number of property developers.

The Sunday Times has reported that around €37.5bn worth of loans given by banks to these developers will never be recovered.

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