It is estimated that approximately 30% of bad mortgage loans are in the hands of “bad debtors” who intentionally avoid their settling their arrears, although they are in a financial position pay them off, according to newspaper “Kathimerini”. The percentage corresponds to 6 billion euros, and the report claims these debtors are procrastinating in the hope that the government introduces a favourable amendment to reduce their debts. Furthermore, 15% businesses with non performing loans, amounting to 4.3 billion euros, also opt out of payment, despite their ability to do so. Greek banks attribute the intentional payment defaults of mortgage home loan holders to the expanded criteria of protection introduced by the Katselis law.