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Homeextrajudicial mechanism

extrajudicial mechanism

Extrajudicial Mechanism: The new bill in Parliament
Editorial

Extrajudicial Mechanism: The new bill in Parliament

31 March 2025 Editors

In the Parliament, the relevant provisions for the new Extrajudicial Mechanism are expected to be submitted within the week, which…

The extrajudicial process is gaining momentum
Highlights

The extrajudicial process is gaining momentum

26 March 2025 Editors

New momentum for the regulation of more and significantly larger debts on loans up to 360,000 euros is now being…

Within the week, the new Extrajudicial Mechanism will be in Parliament
News

Within the week, the new Extrajudicial Mechanism will be in Parliament

17 March 2025 Phil Karametos

One of the first priorities of the new Minister of Finance, K. Pierakakis, this week will be the submission to…

New improvements to the Extrajudicial Mechanism
Featured

New improvements to the Extrajudicial Mechanism

7 March 2025 Phil Karametos

  The economic team of the Government is finalizing the last details of the bill for the improved Extrajudicial Mechanism,…

How much of a haircut the extrajudicial mechanism gives – Debt write offs hit 3.12 bln euros
Featured

How much of a haircut the extrajudicial mechanism gives – Debt write offs hit 3.12 bln euros

24 February 2025 Phil Karametos

  The extrajudicial mechanism has written off debts worth 3.12 billion euros, giving an average haircut of over 30% for…

The profile of settlements in the Extrajudicial Mechanism
Editorial

The profile of settlements in the Extrajudicial Mechanism

15 January 2025 Editors

  According to the data on the progress of the Extrajudicial Mechanism in December 2024, which were made public, in…

81% jump in extrajudicial mechanism restructurings
Featured

81% jump in extrajudicial mechanism restructurings

14 January 2025 Editors

  A 81% increase was recorded in 2024 in the successful debt restructurings completed within the framework of the extrajudicial…

Extrajudicial mechanism: Criteria for people with disabilities broadened
Featured

Extrajudicial mechanism: Criteria for people with disabilities broadened

23 July 2024 Editors

Loan restructuring conditions via the extrajudicial mechanism for persons with disabilities are being improved. Now, people with a disability rate…

Extrajudicial Mechanism receives 25,000 applications Jan-April
News

Extrajudicial Mechanism receives 25,000 applications Jan-April

14 May 2024 Editors

25,190 new applications were submitted to the extrajudicial mechanism in the first four months of 2024 compared to 13,830 in…

Applications to new extrajudicial mechanism more than double
News

Applications to new extrajudicial mechanism more than double

11 March 2024 Editors

Debtors have submitted 7,360 new applications to new extrajudicial mechanism platform in February. The number is more than double the…

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