What did he announce about the extrajudicial mechanism?
Legislation that will freeze interest rates on overdue debt settlements to the tax authorities at last year’s levelsannounced the Minister of Finance, Kostis Hatzidakis.
“The re-freezing of interest rates for permanent arrangements will last for one year”, the minister emphasized in an interview with SKAI.
In this way it is prevented charge that has arisen after the expiry of the previous relevant regulation of the Ministry of Finance which kept fixed debt settlement rates steady from November 2022 until now, protecting debtors from successive increases in euro interest rates.
In particular, for the 12 installments of the arrangement, the interest rate has increased to 6.68% from 4.37%, while those who choose 24 installments (for regular debts) or 48 installments (for extraordinary debts) are charged with an interest rate of 8.18% from 5.87%.
The minister also characterized the program of the president of SYRIZA, Stefanos Kasselakis, is funny.
“The super profits that Mr. Kasselakis says he will tax, we also taxed them, both to the electric companies, and to the refineries, and from there we gave the subsidies for the electricity and for the various passes, etc. The issue is to tax someone as far as business can bear. Because if they can’t stand it, they’ll greet us. Mr. Kasselakis has a program that is, unfortunately, funny. Obviously it’s a joke. E.g. he says he will ”cut personal taxes by 30%… How much are those taxes? 12 billion… What costs does he say we will have? 140 million. This program is a joke” added the Minister of Finance.
“Mr. Kasselakis lived elsewhere for the past decade, therefore he is entitled to say what he says about the economy, the others who were here, who were all here, who lived through the unprecedented crisis of the past decade, are not justified. The country lost over 25% of GDP per capita. How will the gap disappear overnight? Only in cartoons do these things.”
Regarding uninsured cars, the minister stated that “we have brought a bill, we estimate that it is 500,000. It’s bad (the issue with uninsured cars), because some crooks who don’t pay and some who pay and feel like fools, the state loses money, but even if there is a crash, if the other person is uninsured, you step on it too… We come now and agree with the Ministry of Transport and the Ministry of Digital Governance, and the insurance companies, we are making a single (data) base, there will be an exchange of information, there will be periodic checks every six months. Everyone should go get insurance.”
Extrajudicial mechanism
The out-of-court mechanism for those with bad loans is going well, Kostis Hatzidakis also announced. This year we have 25,000 applications in the first four months to be included in the extrajudicial mechanism, while last year we had 13,000, because we made it almost mandatory for the vulnerable to compromise with funds, banks, servicers, etc. and because we have given a very favorable interest rate of 3%.
