Bank of Greece Governor Yannis Stournaras endorsed government legislation mandating the universal application of a recent Supreme Court ruling on loans restructured under the so-called Katseli Law.
Bank of Greece Governor Yannis Stournaras endorsed government legislation mandating the universal application of a recent Supreme Court ruling on loans restructured under the so-called Katseli Law.
He described the measure as necessary to reduce legal uncertainty, saying it clarifies the implementation of the Supreme Court’s interpretation of the Katseli Law, which provides debt relief for over-indebted households.
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Yannis Stournaras has been sworn in for a third six-year term as governor of the Bank of Greece, making him the country’s…
