Stournaras: Necessary Regulation for Katseli Law Loans

4 sourcesFirst reported 25 days agoUpdated 25 days ago

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Greek Central Bank Governor Stournaras supports legislative changes for Katseli law loans.
The regulation clarifies uncertainties post-Supreme Court decision for borrowers.
It affects around 100,000 borrowers with reduced monthly payments and interest rates.
Borrowers can benefit from retrospective application of the new interest calculation method.
The regulation may impact the Hercules guarantee program due to lower future revenues.

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