Greece’s out-of-court debt mechanism offers long-term repayment and possible write-offs, but borrowers may also pursue bilateral deals or legal options

Central bank says its oversight is governed by Greek and EU law, clarifies responsibilities over securitizations, credit servicers and the Hercules asset protection scheme

The country has 3.3% compared to the Union’s 1.9% average in the first quarter of 2024, according to a study by OCTANE Management Consultants, an Athens-based business consulting and services firm.