Administrative fines of a total of 790,000 euros were imposed on three Loan and Credit Claims Management Companies by the Ministry of Development for violation of the Legislation. Specifically: A. Fines totaling 330,000 euros to doValue Greece AED.A.D.P., in application of paragraph 1 of article 10 of Law 3758/2009, on informing debtors about overdue claims … Read more
Last year, this support for borrowers was determined by amendments to the Law on the Protection of Consumer Rights – Article 8.4. However, the manual for these payments appeared much later – the Finance Association of Latvia, together with the Ministry of Finance and the State Revenue Service, developed a special methodology that explains how … Read more
According to the statistics published by the Bank of Greece (BoG) on March 19, 2024, loans managed by servicers and funds in the Greek economy showed a decrease in the fourth quarter of 2023. Specifically, a decrease of 1.72 billion euros was recorded in the nominal value of domestic private sector loans, which are managed … Read more
According to the Bank of Greece, deposit rates and loan rates increased in November 2023 with the result that the margin between them remained unchanged at 5.92%. In more detail, according to data from the Bank of Greece, the average weighted deposit rates and loan rates increased to 0.50% and 6.25% respectively, with the result … Read more
The confessed murderer of the three brothers from Morata de Tajuña (Madrid) appeared at the Civil Guard barracks on Sunday afternoon and acknowledged that he had committed the crime out of “revenge” for the money lent to the Gutiérrez Ayuso. According to his statement, his victims owed him 50,000 euros. The man, 42 years old, … Read more
2023-12-19 11:42:52 Noha Makram – Live – The Bank of Japan maintained its ultra-loose monetary policy on Tuesday, in a widely expected move, with the bank preferring to wait for more evidence that wages and prices will rise enough to justify a shift away from its massive stimulus policy. The central bank fixed short-term interest … Read more
2023-12-18 16:25:01 Oil prices fell to their lowest level during the recent period before rising slightly over the past few days due to the decline of the dollar and the recovery of hopes for increased global demand, as they rose today, Monday, December 18, to levels of $80 from levels of $72 for Brent crude. … Read more
2023-12-05 12:06:44 Noha Makram – Live – German 10-year government bond yields fell to their lowest levels in six months on Tuesday, while global stocks settled at their highest levels in four months as traders strengthened their bets on the European Central Bank cutting interest rates in early 2024 and maintained their expectations about the … Read more