Greek Finance Minister Christos Staikouras met on Wednesday with the heads of banks on their proposals to help vulnerable borrowers, ANA reports.
The subject of discussion involved borrowers who are up to date on their payments and whose repayment installments rose since the summer of 2022, with the rise in interest rates. The government has been pressuring banks to come up with solutions to help borrowers meet their obligations.
In later statements, to parliamentary reporters, Staikouras noted that negotiations with bank representatives over vulnerable borrowers were “difficult” and “conducted in a negative climate.”
While the Parliament plenary debated the 2023 state budget for the second day, Staikouras told the Greek press that the meeting’s result was “partially satisfactory,” since, as he said, “we are rescuing 30,000 fellow citizens.” The banks, he revealed, will announce shortly that they will cover 50% of the raise in an installment for 30,000 vulnerable borrowers, something that “has not happened in any other European state except Spain,” which called on banks to volunteer to help.
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Source: tornosnews.gr/en/