Out -of -court mechanism: History High Settings in June

Historical high settings in Out -of -court mechanismboth in a number of monthly arrangements and amounts of amounts, was recorded for the month of June. Within a month, 1,995 arrangements were made to be more than € 670 million, the highest regulated amount to date.

June data certify once again that the doubling of income and assets applied since May, along with all recent established improvements in the out -of -court mechanism, gives sustainable arrangements, essentially covering the middle class.

The contribution of the out -of -court mechanism to private debt management is reflected in the latest official figures: to date, the total number of successful arrangements is 38,567 and reflects a total value of € 12.7 billion.

At the same time, in June, 3,965 vulnerable households and 155 debtors with disabilities benefited from debt arrangements in accordance with already established compulsory, while 222 debtors were able to suspend scheduled auctions using the down payment measure.

Bilateral Settings with Servicers

In the meantime, the positive course in bilateral loan arrangements with the 4 largest financial entities (Intrum, Cepal, Dovalue, Qquant) continues. In May, successful arrangements were made of € 0.5 billion, which corresponds to 6,000 debtors. It is noted that 41% of these arrangements relate to mortgages. At the same time, the validity rate has been launched to 83.7%.

Finally, it is recalled that, with the aim of more effectively utilizing the available debt settlement tools, the General Secretariat for Financial and Private Debt Management provides nationwide service with video call or telephone, by appointment, by appointment, by appointment. Through the platform at gov.gr or at 213.212.5730.

The monthly out -of -court progress report for June 2025



Macro-economy

Source link

Leave a Comment