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HomeMinistry of Finance

Ministry of Finance

Govt pushes for bank participation in state Real Estate Body
Featured

Govt pushes for bank participation in state Real Estate Body

11 December 2024 Editors

The Ministry of Finance has called on banks to participate in the operation of the state Real Estate Body, the…

Dialogue starts with DG Comp to increase “Hercules 3” guarantees
Featured

Dialogue starts with DG Comp to increase “Hercules 3” guarantees

11 September 2024 Editors

Negotiations with DG Comp (Directorate General for Competition of the EU) have been  initiated by the Ministry of Finance, regarding…

Application to boost guarantees in Hercules III to be sent September
Featured

Application to boost guarantees in Hercules III to be sent September

30 August 2024 Editors

Τhe Ministry of Finance is expected to submit in September, when the offices of DG Comp reopen,  the request for…

Ministry of Finance, central bank review servicer business plans
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Ministry of Finance, central bank review servicer business plans

22 April 2024 Editors

The securitizations of “Hercules” and in particular the business plans that servicers need to implement will be the subject of…

Frontier II and procurement to the state
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Frontier II and procurement to the state

19 February 2024 Editors

The Frontier II securitization that recently received the green light from the Ministry of Finance for the provision of a…

The essence of the draft bill for servicers
Finance

The essence of the draft bill for servicers

13 October 2023 Editors

  A very critical issue that the Ministry of Finance is trying to address with the servicers bill is the…

New “Hercules” plan expected in September
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New “Hercules” plan expected in September

31 August 2023 Christos N Konstas

The Ministry of Finance is preparing the new “Hercules-Asset Protection “ plan with the aim of having the draft law ready…

Extrajudicial mechanism: 1 in 4 debtors reject proposals
Featured

Extrajudicial mechanism: 1 in 4 debtors reject proposals

15 August 2023 user 02

The rate of restructuring proposals rejected by debtors, within the framework of the out-of-court private debt restructuring mechanism, remains at…

Extrajudicial mechanism: The reasons banks and servicers can reject applications
Featured

Extrajudicial mechanism: The reasons banks and servicers can reject applications

22 March 2023 Editors

The Ministry of Finance has published a list of reasons that allow for the ‘eviction’ from the extrajudicial mechanism. As…

Talks on operation of agency extended to end March
Featured

Talks on operation of agency extended to end March

13 March 2023 Editors

The Ministry of Finance has granted an extension until the end of March to the six funds interested in participating…

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