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Homeout-of-court debt settlement

out-of-court debt settlement

Greece Launches Expanded Out-of-Court Debt Settlement Scheme for Bank and Servicer Loans
Highlights

Greece Launches Expanded Out-of-Court Debt Settlement Scheme for Bank and Servicer Loans

27 July 2026 Phil Karametos

The launch of Greece’s upgraded out-of-court debt settlement platform marks a new opportunity for thousands of borrowers with overdue debts to banks and loan servicing

Out-of-Court Debt Settlement Mechanism: 65% Surge in Debt Restructurings – More Than 2,200 Agreements in May
Highlights

Out-of-Court Debt Settlement Mechanism: 65% Surge in Debt Restructurings – More Than 2,200 Agreements in May

12 June 2026 Phil Karametos

The out-of-court debt settlement mechanism continues to record strong growth, confirming its role as one of the key tools for managing private debt for households and businesses in Greece.

New Changes to the Out-of-Court Debt Settlement Mechanism
Highlights

New Changes to the Out-of-Court Debt Settlement Mechanism

23 April 2026 Phil Karametos

The government’s economic team, in an effort to curb the spiraling private debt more broadly (according to IOBE data (third quarter of 2025)

52% increase in out-of-court applications
News

52% increase in out-of-court applications

9 October 2024 Editors

A significant increase was registered in September both for new applications and debt restructuring through the out-of-court debt settlement mechanism…

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Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers Supreme Court
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