In about a year and a half from today, individuals with unregulated debts to banks, former DEKO entities, or even large retail businesses in electronics and household appliances will have a chance to avoid being listed on the ‘black lists’ of the Private Debt Monitoring Registry. This registry, currently under preparation by the Ministry of Finance, aims to record all private debts of citizens and businesses in every direction: to banks, public entities (tax offices, funds, municipalities), former DEKO organizations (DEH, EYDAP, etc.), real estate renters, and retail companies from which products were purchased on installment plans.
Under the umbrella of the Private Debt Monitoring Registry, data from four smaller registries will be consolidated: the well-known ‘Tiresias’ for bank debts, the ‘enhanced Tiresias’ for banks and servicers over €2,000, the ‘Tiresias’ for public debts set to begin operations in early 2026, and another ‘Tiresias’ covering debts to real estate renters and major retail enterprises.
The overarching registry, known as the Private Debt Monitoring Registry, is expected to be operational no later than the end of 2026, according to reliable sources at newsit.gr. However, the data collected will only date back to the registry’s launch date, except for the ‘Tiresias’ records related to banking debts. This means that only those with unregulated debts at the start of these registries will be included, not those incurred prior. Therefore, anyone who settles their outstanding debts to public entities, former DEKO organizations, real estate renters, etc., before the registry’s activation will not appear on these lists.
Even after the public ‘Tiresias’ registry begins operation, having regulated overdue public debts may negatively impact one’s creditworthiness in the eyes of banks, though it does not necessarily mean an individual with regulated public debts will be denied banking financing.