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Hercules Program

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Situations

[QUIET] [BUSINESS] [GR]

Greek banking sector impact from Katseli law ruling

3 clusters · 4 sources · last updated

Latest: Greece: Katseli Law borrowers to receive lower monthly installments

A Supreme Court ruling regarding the Katseli law has imposed significant financial burdens on Greece’s systemic banks. The decision changes how interest is calculated for active loan restructurings under protection, requ

[QUIET] [BUSINESS] [GR] [CY]

Greece non-performing loan management reforms

2 clusters · 6 sources · last updated

Latest: Greece considers Cypriot model for non-performing loan management

Greece is implementing significant reforms to its non-performing loan (NPL) management system. Starting September 1, new rules following a Supreme Court decision will change how interest is calculated for approximately 1