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HomeEuropean Commission

European Commission

The Commission’s concerns about Servicers
Editorial

The Commission’s concerns about Servicers

5 December 2025 Phil Karametos

The European Commission expressed its concern about the slow pace of debt servicing managed by servicers in its report on the country’s post-program surveillance.

European Commission: The “Hercules” securitizations are underperforming
Global

European Commission: The “Hercules” securitizations are underperforming

10 June 2025 Phil Karametos

Slow progress in the management of “red” loans and delays in meeting the targets of business plans in most securitizations…

EU approves Hercules extension until mid 2025
Featured

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
Featured

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
Featured

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
Featured

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
Featured

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
Featured

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
Featured

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
Featured

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…

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