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.
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.
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%.
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.
Nearly 4 billion in the arrangements of servicers from 80 billion in non-performing loans
Servicers in Greece resolved approximately β¬4.09 billion in debts in 2025, predominantly through bilateral arrangements and the Katseli law.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Supreme Court: How we arrived at the historic decision on the loans of the Katseli Law β 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.
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.
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.
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.
Supreme Court on 'red' loans: Decision in favor of the borrowers of the 'Katseli law' β 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.
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.
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.
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.
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.
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.
Supreme Court: Critical Plenary on Red Loans β 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.
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.