Greece’s Ministry of National Economy and Finance published its March 2026 progress update on the out-of-court debt settlement mechanism, reporting a record 2,879 debt restructurings covering EUR 982 million of liabilities. Of these, 650 cases were completed under Law 5193/2025, which broadened eligibility for mandatory restructuring offers by creditors. New applications initiated reached 6,674 (a six-month high) and submitted applications totalled 3,782; since the mechanism started, 58,212 restructurings have been completed, corresponding to EUR 18.08 billion in initial debts. March included 262 restructurings for economically vulnerable debtors, including 18 for persons with disabilities, and 505 debtors have obtained a suspension of enforcement measures since launch; separately, bilateral loan restructurings with the four largest servicers (Intrum, Cepal, DoValue and Qquant) totalled EUR 254 million across 3,641 debtors in February 2026. The ministry also cited Bank of Greece data showing banks’ non-performing loan ratio at 3.3% in December 2025, and reported 12,529 myEGDIXlive appointments in the first quarter of 2026, with 8,501 related to the out-of-court tool and a 96.8% user satisfaction score.
Ministry of National Economy and Finance (Greece) 2026-04-03
Greece’s Ministry of National Economy and Finance reports record March out-of-court debt restructurings totalling EUR 982 million
The Ministry of National Economy and Finance of Greece reported a record 2,879 out-of-court debt restructurings in March 2026, covering EUR 982 million of liabilities, including 650 cases under Law 5193/2025, which broadened eligibility for mandatory restructuring offers. Since the mechanism’s launch, 58,212 restructurings have been completed for EUR 18.08 billion of initial debts, alongside EUR 254 million of bilateral loan restructurings with the four largest servicers and a reported banking sector non-performing loan ratio of 3.3% in December 2025.