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07
Nov 2026
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Greece paves the way for 120 instalments for tax and social security debts, as €95bn owed

Around one million debtors with outstanding liabilities totalling €95 billion will be able to repay them over a decade – The online application platform is expected to open in mid-November

Greek Borrowers Could Save Up to €28,600 Under New Debt Relief Measures

Finance Minister Kyriakos Pierrakakis announces two new measures to protect borrowers, with potential savings of up to €28,600 and penalties for loan management companies rising to €5 million

Woman stabbed with a penknife by her ex in Igoumenitsa a month after the couple split up

The suspect reportedly confessed to a row over a €2,000 debt after first blaming four masked attackers. He is in hospital with self-inflicted chest wounds, out of danger, while police examine the pair's relationship history

ESM: Greece passed the public debt “stress test”; a reduction is projected over the next decade even under the adverse scenario

The report by the European Stability Mechanism projects an increase in debt in the rest of the euro area countries by 2035, while for Greece the downward trend continues

IMF warns Europe: Public debt could surge to 130% of GDP by 2040 without action

A new International Monetary Fund (IMF) study warns that Europe needs deep structural reforms and fiscal adjustment, as rising public spending threatens the long-term sustainability of government finances

Private debt: Six new opportunities for debtors with debts and loans

The new set of measures concerning debts to the State, non-performing loans, frozen bank accounts, and the protection of primary residence – 72 instalments for overdue debts up to 2023 – unfreezing of accounts upon payment of 25% of the debt – out-of-court settlement also for debts from €5,000

Greece is back in the markets with a 10-year bond reissue: Opened the offer book, around 3.8% initial yield

The move is part of Greece's loan program for the first half of 2026

New debt settlement measures for tax authorities, EFKA & banks: Key dates for 72-installment plans, out-of-court settlements & home protection

The main objective is to bring more debtors into the out-of-court settlement mechanism, even those with smaller debts, while also creating a new framework for protecting primary residences

Extra-Judicial Mechanism: new record in debt adjustments – 2,879 in March

The number of new application launches, which reached 6,674, was also at a six-month high

Loans, debts and debtor history at one click – The central credit register is now operational

In March, the public debt database with scoring; in summer, the registry of defaulting tenants – With the cooperation of the Ministry of Finance and the Bank of Greece, the new digital monitoring mechanism is operational

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