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What's Changing in "Red" Loans: Interest Rate Cap, Debt Recalculation and New Rules for Auctions - iefimerida.gr

Summary by Iefimerida
The Ministry of National Economy and Finance is promoting a new regime for debtors with overdue loans, with the aim of limiting excessive interest claims, accelerating bilateral arrangements and setting limits on the claims of banks, funds and servicers. The draft law is already in public consultation until October 22. As the Secretary General of the Financial Sector and Private Debt Management, Theoni Alabassi, tells ΑΕΝ-ΜΕΝ, the ministry's goa…

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The Ministry of National Economy and Finance is promoting a new regime for debtors with overdue loans, with the aim of limiting excessive interest claims, accelerating bilateral arrangements and setting limits on the claims of banks, funds and servicers. The draft law is already in public consultation until October 22. As the Secretary General of the Financial Sector and Private Debt Management, Theoni Alabassi, tells ΑΕΝ-ΜΕΝ, the ministry's goa…

Right

Ceiling at three times the original capital, automatic recalculation of debts and new obligations for banks and servicers

·Marousi, Greece
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The Ministry of National Economy and Finance is promoting a new regime for debtors with overdue loans, with the aim of limiting excessive interest claims, accelerating bilateral arrangements and setting limits on the claims of banks, funds and servicers.

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The measure directly concerns thousands of borrowers with old debts to banks, funds and servicers, but especially those who have accumulated debts from agricultural, business or housing loans.

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The Ministry of National Economy and Finance is promoting a new regime for debtors with overdue loans, with the aim of limiting excessive interest claims, accelerating bilateral arrangements and setting limits on the claims of banks, funds and servicers.

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The Ministry of National Economy and Finance is putting new rules for bad loans into public consultation, with a focus on limiting inflated debts, accelerating regulations and protecting borrowers who service active agreements. The draft law is in consultation until October 22 and, after legislative processing, will be brought to a vote […] The article Bad loans: What changes for borrowers. Interest rate cap was originally published on AlphaTV.

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ERT NEWS broke the news on Saturday, October 17, 2026.
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