Debt settlements to suit the debtor

Debt settlements to suit the debtor

The Greek economic team is once again thinking of regulating overdue debts separately for each debtor based on their measures.

Debt settlements to suit the debtor
The Greek economic team is once again thinking of regulating overdue debts separately for each debtor based on their measures.

As stated by FinMin Yannis Stournaras and General Revenue Secretary Haris Theoharis on Sunday newspapers, the new setting is well within the considerations of the economic team.

The proposal provides for the allowance of repayment in up to 100 monthly installments (from the current 48) with a minimum monthly payment of 100 to 250 euros.

In fact, the debtors will be able to determine the size of each installment and therefore the total number, on their own.
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