Greece: Parliamentary debate addresses non-performing loans and banking transparency

During a parliamentary debate on November 5, 2026, members of the Communist Party of Greece (KKE) raised concerns regarding the protection of primary residences against bank foreclosures and investment funds. The discussion highlighted how banks have transferred large portfolios of non-performing loans to investment funds, including companies such as Intrum, Cepal, and doValue.

Legislative frameworks from various administrations, including PASOK, SYRIZA, and New Democracy, have shaped the current environment for debt management and electronic auctions. Additionally, scrutiny has been directed toward the restructuring of Attica Bank and the emergence of CrediaBank. Questions have been raised regarding the transparency of state-backed recapitalization efforts, specifically concerning whether public funds used to stabilize banks have subsequently facilitated large-scale lending to private business groups, such as the AKTOR group, linked to the banks' controlling investors.