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Pierrakakis: Fixed Interest Rate of 3% for Out-of-Court Debts and Multiplication of Fines for Servicers - iefimerida.gr

Summary by Iefimerida
The clear will of the government to ease the burden of borrowers and to tighten the consequences for those who manage debts was announced by Kyriakos Pierrakakis in Parliament. The establishment of a fixed interest rate of 3% for vulnerable and eligible borrowers who settle their debts through the out-of-court mechanism, as well as the tenfold increase in the maximum fine that the Bank of Greece can impose on servicers, was announced by the Mini…

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The clear will of the government to ease the burden of borrowers and to tighten the consequences for those who manage debts was announced by Kyriakos Pierrakakis in Parliament. The establishment of a fixed interest rate of 3% for vulnerable and eligible borrowers who settle their debts through the out-of-court mechanism, as well as the tenfold increase in the maximum fine that the Bank of Greece can impose on servicers, was announced by the Mini…

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The Minister of National Economy and Finance announced two new interventions in favor of vulnerable borrowers – Who is included - Detailed examples

·Marousi, Greece
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The Minister of National Economy and Finance, Kyriakos Pierrakakis, announced from the Finance Committee two new interventions aimed at alleviating the

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Kyriakos Pierrakakis launched a scathing attack on Alexis Tsipras from the floor of the House of Representatives, describing the former prime minister as the “father of large funds.” The reference was made during the presentation of the new government interventions, which provide for a fixed interest rate of 3% for the entire duration of the regulation through the extrajudicial mechanism for vulnerable and eligible debtors, as […] The post Pierr…

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Two new interventions to protect borrowers were announced in Parliament by the Minister of National Economy and Finance, Kyriakos Pierrakakis, in the context of the debate on the bill on private debt and the operation of debt management companies. The first establishes a fixed interest rate of 3% for the entire duration of the regulation in the out-of-court mechanism for the vulnerable and […]

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A fixed interest rate of 3% is established for vulnerable and eligible debtors who settle their debts through the out-of-court mechanism

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NewsBomb broke the news on Tuesday, November 3, 2026.
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