Platform for out-of-court debt settlement opens in Greece on Tuesday

The new out-of-court mechanism is launched on Tuesday, giving citizens the possibility of repaying the debts up to 240 installments against all their creditors (public and private entities) and under conditions, up to 420 installments to banks, ANA reports.

The settlement will now be made automatically, i.e. without the intervention of an employee, without cost and bureaucracy, but with the use of an algorithm through the computer.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: athenswalk

 

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