The Ministry of Finance is examining a triple change to the regulation for debt repayments in 100 instalments is set to affect 900,000 people who owe money. The changes, according to sources, will include an increase to interest rates, a reduction in the number of installments and consequences in the case of failure to meet tax obligations.

Greece’s daily Ta Nea reports:

* A 5% increase to interest rates from the 3% rate today for all money over 5,000 euros.

* Halfing the debt settlement installments from 100 to 50.

* To not lose the 100 installment settlement, debters would need to pay their current dues or enter the regulation of 12 installments.