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HomeEuropean Commission

European Commission

EU approves Hercules extension until mid 2025
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EU approves Hercules extension until mid 2025

13 December 2024 Phil Karametos

  The European Commission has approved the extension of “Hercules” until June 30, 2025 and the increase of its budget…

Operation of state real estate body seen in spring
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Operation of state real estate body seen in spring

29 November 2024 Phil Karametos

The European Commission has been critical of delays in the liquidation of problem loans and the operation of the state…

Request sent to EU for Hercules extension by 1 bln euros
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Request sent to EU for Hercules extension by 1 bln euros

17 September 2024 Phil Karametos

The European Commission’s response to Greece’s request for an extension to the Hercules program by 1 billion euros is expected…

EU raises concerns over judicial obstacles to auctions
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EU raises concerns over judicial obstacles to auctions

20 June 2024 Editors

Despite the fact that the restructuring of problem loans by servicers is progressing, it continues to face difficulties, points out…

European Commission gives green light to Hercules III project
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European Commission gives green light to Hercules III project

21 November 2023 Editors

The green light from the European Commission is said to have been given for “Hercules III”, under whose umbrella three…

Fin Min in talks with European Commission, ECB on Hercules III
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Fin Min in talks with European Commission, ECB on Hercules III

21 September 2023 Editors

  The activation of the third cycle of the Heracles state guarantee program is in the final stretch. The Ministry…

Operation of state Real Estate Agency pushed back to second half of 2024
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Operation of state Real Estate Agency pushed back to second half of 2024

25 May 2023 Editors

The official operation of the Real Estate Acquisition and Re-leasing Agency has been pushed back to the second half of…

European Commission raises concerns about underperforming securitizations from servicers
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European Commission raises concerns about underperforming securitizations from servicers

25 May 2023 Editors

  The European Commission is raising concerns about underperforming securitizations among servicers, acknowledging, however, that measures are being taken to…

European Commission toughens securitizations rules
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European Commission toughens securitizations rules

22 February 2023 Editors

The European Commission is implementing tougher new rules with greater rigor and transparency regarding the management of NPLs and NPEs…

When will the Real Estate Agency be operational?
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When will the Real Estate Agency be operational?

28 November 2022 Editors

The Real Estate Agency is expected to be ready to “receive” the properties of vulnerable debtors at the end of…

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