> Kyriakos Pierrakakis
> Kyriakos Pierrakakis
New Pierrakakis regulation for larger “haircuts” and lower installments in out-of-court debt settlements: How the primary residence can be saved
Debtors will be able to separate their primary residence from the rest of their assets, choosing to liquidate other property in order to settle their debts faster and under more sustainable terms
Kyriakos Pierrakakis: Europe must act in a coordinated way to address economic pressures, Greece remains resilient
Even under these conditions, economic growth will remain close to 2%, showing that the Greek economy remains strong and resilient, the Greek Minister of National Economy and Finance told Reuters
Pierrakakis at Greece Talks by Travel.gr: The old Heraklion airport could become a new “small Ellinikon”
Projects that have remained stalled for years are now moving forward, emphasized the Minister of Finance – “If a deep and lasting problem arises, the government will intervene, and no household will be left without support”
Pierrakakis at the Eurogroup: We are open to discussing measures – Priority is protecting households and the stability of the European economy
The president of the Eurogroup stresses that Europe is closely monitoring developments in the Middle East and is considering tools to support households and businesses if the energy crisis worsens - “We have the 2022 toolbox”
Kyriakos Pierrakakis in THEMA on the war: Here we are, if the crisis continues we will intervene
"We have proven in the past that in difficult times the world can rely on us, we need decisive national and European interventions," says the Minister of Economy and Finance and President of the Eurogroup
Pierrakakis: We will achieve even more through collective effort
The traditional New Year’s cake was cut in a warm atmosphere at the Ministry of National Economy and Finance, in the presence of the political leadership and ministry officials
Pierrakakis: The new 10-year bond record is the most convincing answer to those who question the value of the investment grade
The Minister of Economy and Finance refers to the records set by yesterday's issue
Second chance to reclaim their home for those who lost it to banks and servicers
According to the model promoted by K. Pierrakakis, the new real estate agency will purchase the residence before or even after auction and lease it back to the debtor for up to 12 years, with state rent subsidy and a right of repurchase – It will concern at least 20,000 “red” debtors
