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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Support available for residents worried about debt

Residents can get help in several ways. They can contact the Debt Advice team directly for support, explore the online cost‑of‑living support pages,  which include the new benefits calculator to help check what financial help may be available. In addition, as part of a wider range of community-based support, welfare advisers are now working directly…