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The new digital debt monitoring mechanism is operational
News

The new digital debt monitoring mechanism is operational

23 January 2026 Editors

The new electronic system is being put into operation, which digitally maps and evaluates the financial behavior of every citizen or business

In the Out-of-Court Mechanism, the debts of Municipalities
News

In the Out-of-Court Mechanism, the debts of Municipalities

15 January 2026 Phil Karametos

A relevant provision included in a bill from the Ministry of Interior offers a solution to debts owed to municipalities, which can now be settled thru the

When will the new platform for auction appeals go live?
Highlights

When will the new platform for auction appeals go live?

12 January 2026 Phil Karametos

The new platform for auction appeals prepared by the Ministry of Justice will go live at the end of this month or in early February.

Borrowers prefer bilateral arrangements with Servicers
Highlights

Borrowers prefer bilateral arrangements with Servicers

5 January 2026 Phil Karametos

According to Ministry of Finance data, debtors clearly prefer bilateral arrangements over the out-of-court mechanism.

In the Stengos family, the Piraeus Bank’s Vesta project
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In the Stengos family, the Piraeus Bank’s Vesta project

29 December 2025 Phil Karametos

The portfolio consists of 242 properties, mainly residential and secondarily commercial properties

The regulation of Swiss franc loans is in Parliament
News

The regulation of Swiss franc loans is in Parliament

17 December 2025 Phil Karametos

The government’s proposal to regulate Swiss franc loans is expected to be brought to Parliament tomorrow so that it can be voted

Swiss franc: The final regulatory framework for loans
Highlights

Swiss franc: The final regulatory framework for loans

10 December 2025 Phil Karametos

In the coming days, the government’s proposed regulation on Swiss franc loans is expected to be submitted to Parliament for a vote.

Extrajudicial: New record in debt settlements in November
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Extrajudicial: New record in debt settlements in November

4 December 2025 Phil Karametos

For the second consecutive month, the Extrajudicial Mechanism has set a new record, confirming its steadily increasing effectiveness as a key debt settlement tool.

80% of auctions unsuccessful in 2025
Highlights

80% of auctions unsuccessful in 2025

3 December 2025 Phil Karametos

One in seven properties auctioned in 2025 found a buyer and changed hands, while the corresponding percentage for residences is one in six.

Debtors prefer direct settlement with servicers
Featured

Debtors prefer direct settlement with servicers

17 November 2025 Phil Karametos

The majority of debtors prefer direct negotiation with servicers for debt settlement over the out-of-court mechanism

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