{"id":1079,"date":"2024-12-10T05:41:14","date_gmt":"2024-12-10T05:41:14","guid":{"rendered":"https:\/\/in-greece.com\/index.php\/2024\/12\/10\/out-of-court-debt-settlement-reaches-all-time-high-in-nov\/"},"modified":"2024-12-10T05:41:14","modified_gmt":"2024-12-10T05:41:14","slug":"out-of-court-debt-settlement-reaches-all-time-high-in-nov","status":"publish","type":"post","link":"https:\/\/in-greece.com\/index.php\/2024\/12\/10\/out-of-court-debt-settlement-reaches-all-time-high-in-nov\/","title":{"rendered":"Out-of-court debt settlement reaches all-time high in Nov"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"post-1255806\">\n    <!-- .entry-header --><\/p>\n<div class=\"first-img article_thumbnail_wrapper\" itemscope=\"\" itemprop=\"associatedMedia\" itemtype=\"http:\/\/schema.org\/ImageObject\">\n                                                                    <picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2024\/04\/e0f920eff28e92ffb0edfbca3383cf76_EPhORIAshutterstock_776682157-1-320x200.jpg?v=1712003335\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" class=\"picture-main-block-image\" data-nxsrc=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2024\/04\/e0f920eff28e92ffb0edfbca3383cf76_EPhORIAshutterstock_776682157-1.jpg?v=1712003335\" alt=\"Out-of-court debt settlement reaches all-time high in Nov\" src=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2024\/04\/e0f920eff28e92ffb0edfbca3383cf76_EPhORIAshutterstock_776682157-1-960x600.jpg?v=1712003336\"\/><br \/>\n                        <\/source><\/picture>\n<p>File photo.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\" itemprop=\"articleBody\">\n<p>The number of successful debt settlements reached through the out-of-court mechanism reached a historic high in November, according to an announcement by the National Economy and Finance Ministry on Monday.<\/p>\n<p>Successful debt settlements increased by approximately 73% in November, reaching 1,991 in number and corresponding to initial debts worth approximately 600 million euros, from 1,152 arrangements of initial debts worth \u20ac394 million in the same period of 2023.<\/p>\n<p>New applications, as well as final submissions of applications, continued at consistently high levels, reaching 5,219 and 3,395 applications, respectively. This was an increase of 22.22% for new applications and 48.32% for final submissions compared to November 2023.<\/p>\n<p>The total number of successful settlements stands at 27,538 so far and the total value of settled debts at \u20ac9.1 billion. It should be noted that the out-of-court mechanism supported the protection of vulnerable borrowers, with 2,167 vulnerable households benefiting from debt settlement.<\/p>\n<p>This was an increase of over 19% compared to October 2024. At the same time, 130 debtors managed to suspend scheduled auctions by making use of the advance payment measure.<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<\/div>\n<p><script>\n        var NXFBPixelFunc = function () {\n            document.removeEventListener(\"scroll\", NXFBPixelFunc);\n            setTimeout(function () {\n                !function (f, b, e, v, n, t, s) {\n                    if (f.fbq) return;\n                    n = f.fbq = function () {\n                        n.callMethod ?\n                            n.callMethod.apply(n, arguments) : n.queue.push(arguments)\n                    };\n                    if (!f._fbq) f._fbq = n;\n                    n.push = n;\n                    n.loaded = !0;\n                    n.version = '2.0';\n                    n.queue = [];\n                    t = b.createElement(e);\n                    t.async = !0;\n                    t.src = v;\n                    s = b.getElementsByTagName(e)[0];\n                    s.parentNode.insertBefore(t, s)\n                }(window, document, 'script',\n                    'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n                fbq('init', '109138906120213');\n                fbq('track', 'PageView');\n            }, 0)\n        };\n        document.addEventListener(\"scroll\", NXFBPixelFunc);\n    <\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/www.ekathimerini.com\/economy\/1255806\/out-of-court-debt-settlement-reaches-all-time-high-in-nov\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>File photo. The number of successful debt settlements reached through the out-of-court mechanism reached a historic high in November, according to an announcement by the National Economy and Finance Ministry on Monday. Successful debt settlements increased by approximately 73% in November, reaching 1,991 in number and corresponding to initial debts worth approximately 600 million euros, &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Out-of-court debt settlement reaches all-time high in Nov\" class=\"read-more button\" href=\"https:\/\/in-greece.com\/index.php\/2024\/12\/10\/out-of-court-debt-settlement-reaches-all-time-high-in-nov\/#more-1079\" aria-label=\"Read more about Out-of-court debt settlement reaches all-time high in Nov\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"fifu_image_url":"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2024\/04\/e0f920eff28e92ffb0edfbca3383cf76_EPhORIAshutterstock_776682157-1-960x600.jpg?v=1712003336","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-1079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/1079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/comments?post=1079"}],"version-history":[{"count":0,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/1079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media\/1080"}],"wp:attachment":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media?parent=1079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/categories?post=1079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/tags?post=1079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}