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Greece to slash Katseli law debt payment
Greece’s Ministry of National Economy and Finance is finalizing a legislative amendment to slash monthly repayments and shorten loan terms for thousands of distressed borrowers protected under the nation's "Katseli Law" debt framework. The upcoming legislation uniformly applies a recent Supreme Court ruling, bypassing the need for borrowers to secure individual court orders. The new framework corrects a systemic error where interest was erroneously calculated on a loan's full outstanding cap...
24 Jun, 04:24 — 24 Jun, 04:24
