On the occasion of the bill of the Ministry of Finance and National Economy on Private Debt, Government Vice President Kostis Hatzidakis posted on the issue. As he says, “we give a great second chance to the middle class to regulate” red “private debt. With the arrangement we had presented when I was a finance minister and now submitted by Kyriakos Pierrakakis in Parliament, the debtors’ income perimeter is doubled by the obligation to regulate the out -of -court mechanism. In this way, 85% of the debtors – who have so far expressed interest – will be able to practically be subject to automatic regulation! Without the State, banks and funds can refuse it. “

As he explains later, “this initiative comes in the follow of the reform we had promoted in December 2023 for the out -of -court mechanism. It was then that we first introduced the obligation to settle for our vulnerable fellow citizens and an additional haircut of up to 28% more for the debts regulated.

This has led to more than double the arrangements and regulated debts. From 2023 until the first quarter of 2025, more than 30,000 of our fellow citizens “tired” and settled in debt of about 11 billion euros. At the same time, non -performing loans to banks and services were limited to € 67 billion in the third quarter of 2024, from 92 billion. Euro in 2019. “

And, in all, “improvements to the out -of -court mechanism is social policy in practice! And I think it is one of the very important achievements of the government while I was in the Ministry of National Economy and Finance. I sincerely expect to see what the opposition’s attitude will be for this new positive initiative for our debt. Because in December 2023, SYRIZA and PASOK had voted against. Will they repeat the same mistake now? “The government’s vice president wonders.