Extrajudicial Mechanism: Six-Month Record with over 4,000 Final Submissions - New Measures to Protect Borrowers - iefimerida.gr
17 Articles
17 Articles
New application starts exceeded 7,000 for the second consecutive month
The final submissions of applications to the out-of-court mechanism platform set a six-month record in October, reaching 4,144 in number. The initiation of new applications also moved at a similar pace, exceeding 7,000 for the second consecutive month. The new successful arrangements reached 1,965, of which 552 were carried out based on the mandatory participation of creditors, while the initial debts that were arranged totaled 524 million euro…
The number of successful arrangements since the mechanism began operating has reached 72,232, with total initial debts of 21.77 billion euros.
As of October, 72,232 successful arrangements have now been made, corresponding to original debts of 21.77 billion euros - New borrower protection measures
The new arrangements reached 1,965 and covered initial debts of 524 million euros, with mandatory participation of creditors in 552. Cumulatively, up to October, 72,232 successful arrangements have now been carried out, which correspond to initial debts totaling 21.77 billion euros. Rescue of primary residence In less than a month and a half since the activation of the new arrangement on September 21, 2026, 675 borrowers initiated an application…
The final submissions of applications to the out-of-court mechanism platform set a six-month record in October, reaching 4,144 in number. The initiation of new applications also moved at a similar pace, exceeding 7,000 for the second consecutive month. The new successful arrangements reached 1,965, of which 552 were carried out based on the mandatory participation of creditors, while […]
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