Impressive rise was recorded in May in the start applications in out -of -court mechanismwhich reached 10,870, more than twice the average of previous months, with a percentage increase of 145%.
This significant increase in new applications reflects citizens’ increased interest in integrating into the improved platform of the out -of -court debt settlement mechanism where after doubling income and property limits now compulsory in the middle class.
At the same time, a six -month record was held in the new arrangements, which reached 1,672 and correspond to initial debts of 602.7 million euros. Similarly, a six -month record is also recorded in the number of new applications, reaching 3,460. To date, the total number of successful arrangements is 36,572 and the total value of regulated debts of € 12.17 billion.
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 EUR 263 million, which corresponds to 5,000 debtors. It is noted that the majority of these arrangements relate to mortgages.
It should be noted that in banks about 40% of non -performing loans are reported, while other loans on average 18% are in regulation.
Finance Minister Kyriakos Pierrakakis said: “It is more than obvious, as evidenced by the latest official evidence, that improvements to the out -of -court platform are in the positive response of the middle -class debtors and are overflowing. In May, the first month of operation of the platform with the new enlarged income and property limits, a historical record is recorded in applications for regulation. At the same time, a new high notes the set of settings. The out -of -court mechanism is evolving into the strongest tool for protecting citizens and their property. “
Finally, it is recalled that, with the aim of more efficiently 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 through the platform or at 213.212.5730.