Extrajudicial mechanism: Up to 28% additional “haircut” of debts – 3% fixed interest rate for 3 years – 2024-03-03 18:07:24
The “haircut” of collateralized loans reaches up to 28%, according to the changes made – and coming into effect – in the extrajudicial mechanism. Joint Ministerial Decision of Ministers of National Economy and Finance Kostis Hatzidakis and Development Kostas Skrekasdefines the new framework, while setting at 3% – fixed for 3 years – the interest … Read more