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27 stories
πŸ‡¬πŸ‡· Naftemporiki
National & Local

Mammoth profits for banks in the shadow of the Supreme Court's decision on interest rates for Law Katseli loans

Banks in Greece are anticipated to report significant profits amidst uncertainty following a Supreme Court decision that impacts interest calculations on Law Katseli loans.

Feb 26 β€’ 10:12 UTC
πŸ‡¬πŸ‡· To Vima
National & Local

Goldman Sachs on Katseli Law: How Banks Are Affected? Estimates

According to Goldman Sachs, the impact of the recent Supreme Court decision regarding Katseli Law loans is likely to be manageable for Greek banks, although details of the decision are still awaited.

Feb 18 β€’ 13:06 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

Stock Exchange: Mezzano dishes in the sellers' plate

The recent session for mezzanine stocks, associated with special purpose companies handling bank securitizations, proved to be challenging, with losses reaching up to 10%.

Feb 14 β€’ 05:00 UTC
πŸ‡¬πŸ‡· To Vima
National & Local

Stournaras on Katseli Law: 'All provisions have been taken for financial stability'

The Governor of the Bank of Greece, Yannis Stournaras, expressed confidence that all necessary measures have been taken to ensure financial stability following the Supreme Court's decision on loan interest rates under the Katseli Law.

Feb 9 β€’ 12:20 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

Nearly 4 billion in the arrangements of servicers from 80 billion in non-performing loans

Servicers in Greece resolved approximately €4.09 billion in debts in 2025, predominantly through bilateral arrangements and the Katseli law.

Feb 8 β€’ 08:07 UTC
πŸ‡¬πŸ‡· Proto Thema
National & Local

Support Umbrella for Vulnerable Borrowers

A new support framework is being implemented in Greece to protect vulnerable borrowers from loans in Swiss francs and those under the Katseli Law, with particular attention to disabled individuals.

Feb 7 β€’ 09:32 UTC
πŸ‡¬πŸ‡· Naftemporiki
Crime & Justice

Reversal for banks and servicers brought by the new Supreme Court decision on loans under the Katseli law

A landmark Supreme Court decision changes the way interest is calculated on loans under the Katseli law, likely resulting in refunds for borrowers who have overpaid.

Feb 6 β€’ 08:30 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

Law Katseli Loans: The 'translation' of the Supreme Court decision into 19 questions and answers

The recent decision by the Supreme Court provides relief to over 200,000 borrowers involved in Katseli law, detailing the obligations for banks regarding interest calculations on loans.

Feb 6 β€’ 07:09 UTC
πŸ‡¬πŸ‡· Proto Thema
National & Local

Domino effect from the Supreme Court's decision on the Katseli law: Recalculation of interest and plan B for 'Hercules'

The Supreme Court's decision on the Katseli law triggers a domino effect, necessitating a recalculation of interest and alternative plans for vulnerable borrowers under the 'Hercules' program.

Feb 6 β€’ 05:14 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

Dose in the dose

The article discusses the controversial nature of the 'Katseli Law,' which has been a contentious point between banks and the European Union, necessitating its amendment or abolition in many memorandums due to its judicial redress of debts that contrasts with bank regulations.

Feb 6 β€’ 05:00 UTC
πŸ‡¬πŸ‡· To Vima
National & Local

Katseli Law: What Changes in Installments, the Damage and the Danger

The Katseli Law, affecting 350,000 debtors and guarantors, is causing significant backlash among private debt managers following a Supreme Court decision that alters the interest calculation method for these loans, making it a global exception in banking credit practices.

Feb 6 β€’ 04:34 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

Luka Katseli: The Decision of the Supreme Court is Fair and Significant

Former minister Luka Katseli described the Supreme Court's decision regarding the calculation of interest on loans under Law 3869/2010 as positive and fair, stating that interest should now be calculated on the monthly installment rather than the total outstanding principal.

Feb 5 β€’ 21:52 UTC
πŸ‡¬πŸ‡· Proto Thema
National & Local

Katseli: The Supreme Court's Decision is Important, It Ensures the Economic Survival of Thousands of Borrowers

Katseli emphasizes that the recent Supreme Court decision is crucial as it secures the financial survival of thousands of borrowers, preventing unfair wealth redistribution from vulnerable households to banks and funds.

Feb 5 β€’ 21:49 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

Supreme Court Decision on Katseli Law: Significant Reductions in Installments - Examples

The Supreme Court's ruling on the calculation of non-performing loans under the Katseli law leads to substantial differences in loan installments, with the issue of retroactivity of the decision remaining uncertain until it is formally recorded.

Feb 5 β€’ 20:24 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

EKPOIZO: Three Immediate Developments for Borrowers and Servicers Following the Supreme Court's Decision on the Katseli Law

The announcement from EKPOIZO outlines the immediate positive impacts the Supreme Court's ruling will have on borrowers, urging banks and servicers to promptly implement the decision.

Feb 5 β€’ 15:05 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

Supreme Court: How we arrived at the historic decision on the loans of the Katseli Law – What it means for thousands of borrowers and banks

The Supreme Court of Greece made a significant ruling affecting around 350,000 borrowers under the Katseli Law, determining that interest on restructured 'red' loans will be calculated based only on the monthly installment set by the court rather than the total debt.

Feb 5 β€’ 13:33 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

N. Farandouris on Nafteboriki TV: A great victory for thousands of borrowers is the decision of the Supreme Court

Independent MEP Nikola Farandouris described the Supreme Court's decision regarding 'red' loans as a significant victory for thousands of borrowers covered by the Katseli Law during an interview on Nafteboriki TV.

Feb 5 β€’ 13:08 UTC
πŸ‡¬πŸ‡· Proto Thema
National & Local

What the Supreme Court's Decision Means for Borrowers under the Katseli Law - 50,000 Loans Worth 5 Billion Euros Affected

The Greek Supreme Court's recent decision impacts 50,000 loans valued at 5 billion euros, creating new challenges for vulnerable borrowers and potentially increasing management costs for banks and servicing companies.

Feb 5 β€’ 12:19 UTC
πŸ‡¬πŸ‡· Proto Thema
National & Local

What the Supreme Court's decision on the Katseli law means for borrowers, banks, and servicers

The Supreme Court's ruling on the Katseli law introduces new challenges for vulnerable borrowers and banks, significantly impacting management costs and potentially affecting guarantees under the Hercules plan.

Feb 5 β€’ 12:19 UTC
πŸ‡¬πŸ‡· Naftemporiki
Crime & Justice

Supreme Court on 'red' loans: Decision in favor of the borrowers of the 'Katseli law' – Interest calculation based on the monthly installment

The Supreme Court decided that interest on loans under the Katseli law will be calculated based on the monthly installment rather than the total amount, favoring borrowers.

Feb 5 β€’ 11:07 UTC
πŸ‡¬πŸ‡· Proto Thema
Crime & Justice

Justice for borrowers of the Katseli law: Interest to be calculated in the monthly installment

The Supreme Court has ruled that interest for borrowers under the Katseli law should be calculated on their monthly installments rather than on the total loan amount.

Feb 5 β€’ 10:51 UTC
πŸ‡¬πŸ‡· Proto Thema
Crime & Justice

The time for decisions in the Plenary of the Supreme Court for the loans of the Katseli law - Possible scenarios

The Plenary of the Supreme Court is set to decide on the calculation method for loans under the Katseli law, which has significant implications for borrowers involved.

Feb 5 β€’ 06:59 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

Katseli Law: The Plenary of the Supreme Court decides the future of non-performing loans

The Plenary Session of the Supreme Court is set to determine how the interest on regulated debts will be calculated, crucial for 350,000 borrowers under the Katseli Law.

Feb 4 β€’ 07:23 UTC
πŸ‡¬πŸ‡· Naftemporiki
Crime & Justice

Red loans: Supreme Court Plenary's decision on Thursday

The Greek Supreme Court will issue a decision on February 5 regarding the calculation of interest for 350,000 borrowers under the Katseli Law dealing with repayment issues and the management of distressed loans.

Feb 3 β€’ 11:41 UTC
πŸ‡¬πŸ‡· Proto Thema
National & Local

In Favor of Borrowers: The Rapporteur in the Plenary of the Supreme Court on the Calculation of Interest on Loans under the Katseli Law

The plenary session of the Supreme Court will hold a closed-door deliberation to determine the method of calculating interest for borrowers covered by the Katseli Law.

Feb 3 β€’ 10:52 UTC
πŸ‡¬πŸ‡· To Vima
Crime & Justice

Supreme Court: Critical Plenary on Red Loans – Interest per Installment or on the Total Debt?

The Supreme Court is set to decide on a crucial matter regarding interest calculations for borrowers under the Katseli law facing repayment issues, affecting around 350,000 borrowers and the companies managing the bad loans.

Feb 3 β€’ 10:00 UTC
πŸ‡¬πŸ‡· Proto Thema
National & Local

The big battle for interest on Katseli loans: What the decision to be made by the Supreme Court means

The Supreme Court's plenary session is set to decide on the method for calculating interest for debtors under the Katseli Law, impacting borrowers significantly.

Feb 3 β€’ 07:06 UTC

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