Category: Personal Finance
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Katseli Law Overhaul: Retroactive Cut to Monthly Payments, End to Bloated Interest
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New rules under Greece’s Katseli Law slash monthly payments and eliminate bloated interest — retroactively applied to active debt settlements.
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Step-Up Mortgages: Conversion Can Save Borrowers Up to 40%
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Borrowers with step-up mortgages can cut total repayment costs by up to 40% by switching to fixed-rate amortising loans before 2026.
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Mortgage Payments Rise Amid ECB Rate Hikes – Detailed Examples
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ECB rate hikes push up monthly mortgage payments — especially for variable-rate loans. See how much more Greek homeowners may pay.
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Consumer Loans: What the New 30%–50% Cost Cap Means
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Greece introduces a 30%–50% cap on total costs for consumer loans up to €100,000—curbing debt spirals and boosting transparency.