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HomeHercules program

Hercules program

An overview of the Hercules Program
Featured

An overview of the Hercules Program

3 September 2025 Phil Karametos

Management companies (EEDADP) currently manage a total of €104 billion in loans under the Hercules Program, with a supervisory balance

Battle on servicers and extrajudicial system goes to parliament
Business

Battle on servicers and extrajudicial system goes to parliament

28 November 2023 Editors

The draft law of the Ministry of National Economy and Finance “Loans: transparency, competition, protection of the vulnerable – integration…

Green light for “Heracles III” from Fin Min Hatzidakis
Featured

Green light for “Heracles III” from Fin Min Hatzidakis

10 July 2023 Editors

The government has decided to proceed with Hercules III, according to Finance Minister Kostis Hatzidakis. “We will use the Hercules…

Intrum preferred investor for the Souk project
Featured

Intrum preferred investor for the Souk project

24 August 2022 Christos N Konstas

The 2.5 bilion euro Souk portfolio, put up for sale by doValue has landed in the hands of Intrum, with…

Project Solar: Individual divestment efforts by banks continue
Featured

Project Solar: Individual divestment efforts by banks continue

10 August 2022 Editors

In order to offload NPLs amounting to approximately 1.5 billion euros (project Solar) lenders are looking for alternative solutions, while…

Geopolitical developments weigh on securitizations
Featured

Geopolitical developments weigh on securitizations

9 June 2022 Editors

The weapon that helped banks in their fight against NPLs, that is, the Hercules program, seems to have been hit…

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