Greek banks unveil proposal to offer relief to vulnerable mortgage borrowers

(Πηγή: www.in.gr)

The proposal was unveiled after yet another meeting with Finance Minister Christos Staikouras

Greece’s four systemic banks on Thursday unveiled a proposal aimed to offer relief to vulnerable households paying off mortgages, following government pressure on the thrice-bailed out creditors amid rising interest rates on loans.

The proposal was unveiled after yet another meeting with Finance Minister Christos Staikouras, who has represented the government in talks to get banks to offer relief.

Representatives of Alpha Bank, Eurobank, National Bank and Piraeus Bank said they would cover 50 percent of recent increases in monthly payments, with the date of the measure retroactively set June… Πηγή

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