Greece Could Cut NP Stock by Half With Hercules Scheme, Patelis Says

The video discusses the economic challenges in Europe, focusing on Greece's resilience despite a global slowdown. It highlights Greece's strategy to boost growth through political stability, tax reforms, and attracting foreign investment. The Hercules plan is introduced to address bad loans in the banking sector, alongside other reforms to strengthen the economy.

Explain the Hercules plan and its intended effects on the banking sector in Greece.

What measures are being taken to address the issue of non-performing loans in Greece?