Greek PM Mitsotakis Announces Cap on Consumer Loan Repayments

A caller authorities involution aimed astatine protecting consumers with unsecured loans of up to 100,000 euros was announced by Greek Prime Minister Kyriakos Mitsotakis successful his weekly Sunday Facebook post. He emphasized that the inaugural seeks to “put an extremity to good people and irregular practices” successful the lending market.

According to the premier minister, forthcoming authorities from the Ministry of Development will present a headdress connected total repayment costs. Specifically, the maximum magnitude repayable connected a user indebtedness will scope betwixt 30% and 50% supra the archetypal principal—aligning Greece with the mean standards seen crossed different European countries.

Mitsotakis besides highlighted a caller proviso allowing borrowers to withdraw from a indebtedness statement within 14 days of signing. “These are measures that make a clearer and fairer model for everyone,” helium noted.

The premier curate besides pointed to a precocious launched planetary tender by the Ministry of Digital Governance for the supply, installation, operation, and attraction of 1,000 fixed traffic cameras crossed selected points of the roadworthy network. The task forms portion of a broader roadworthy information strategy aimed astatine reducing violations such arsenic moving reddish lights and speeding—common causes of accidents.

As helium explained, the cameras will beryllium straight connected to the Hellenic Police, while a caller integer absorption system will guarantee that penalties are imposed promptly and transparently.

Mitsotakis further referenced the “Neighborhood Nannies” program, which has present travel into effect. On its archetypal time alone, the level ntantades.gov.gr recorded much than 13,500 visits.

Another inaugural with strong κοινωνικά interaction is the “My Home II” lodging program. According to authoritative figures cited by the premier minister, 13,461 loans person already been approved, totaling 1.617 cardinal euros, with an mean indebtedness magnitude of 120,150 euros.

Finally, helium announced the archetypal circular of compensation payments—amounting to 22.76 cardinal euros—distributed to 849 livestock farmers whose animals were culled owed to outbreaks of sheep pox and foot-and-mouth disease.

Source: tovima.com