President al-Sharaa orders debt relief, loan rescheduling for public bank borrowers

Damascus, March 20 (SANA) President Ahmad al-Sharaa issued a decree introducing a framework to settle non-performing loans in public banks, including exemptions from late-payment interest, contractual interest and penalties, and measures to reschedule debts exceeding 100 million Syrian pounds. Decree No. 70 of 2026 targets non-performing loans, offering full or partial waivers on interest and…

Greece Unveils New Debt Relief for Primary Homes

Greece has announced a major update to its debt restructuring framework, offering homeowners a clearer path to protect their primary residence. The move was unveiled by Kyriakos Pierrakakis, who highlighted the potential benefits of the revised extrajudicial mechanism for settling debts. The new framework allows debtors to separate their main home from other assets, preserving…

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