A significant increase in applications, as well as settlements through it extrajudicial mechanism achieved last month, according to his figures Ministry of Finance And her Special Secretariat for Private Debt Managementon the basis of which:

• The number of new applications entering the platform reached 5,109 in March 2023 alone, more than double the average for the previous 5 months.

• The number of applications finally submitted to the platform in March 2023 was 1,708, up 600 from the average for previous months.

• The total amount of debt repayments made up to the end of March 2023 is 4,356, which corresponds to 1.42 billion euros.

In March alone, the number of new applications reached 5,109.

Indicative, according to the Ministry of Finance, is the fact that in the last 10 days alone, 246 new successful debt transactions were concluded.

• Debt agreements reached include debt cancellation, with the average multilateral debt cancellation rate through the end of March 2023 averaging 31.6% for financial institutions and 22.1% for the government. concerned.

• Also important is the increase in the number of approvals of agreements by financial institutions compared to previous months. In particular, in March 2023, the approval of financial institutions varied up to 80% compared to 55% on average for previous months.

As Minister of Finance Christos Staikouras stated, “These results make the extrajudicial mechanism the most successful tool in the last 12 years to solve the serious problem of private debt among those created by successive governments”, recalling that “the extrajudicial mechanism created by SYRIZA, out of 63 Of the 400 businesses and professionals who entered the platform, only 7,300 applied, and only 2,200 of them successfully completed the debt settlement process.”

It is noted that the process of the out-of-court mechanism is expected to be further accelerated after the improvements made, the most important of which are the expansion of its scope and the inclusion of debtors with a single debt, as well as the inclusion of debts in favor of third parties collected by the tax administration.