The Greece Ministry of National Economy and Finance has presented two new digital systems through its General Secretariat for the Financial Sector and Private Debt Management: a Private Debt Monitoring Registry and a Credit Assessment System. The measures are designed to improve data use in public policy and private debt management by creating a clearer picture of private debt across the country and a more consistent view of the creditworthiness of individuals and legal entities. The Private Debt Monitoring Registry will compile anonymous, aggregated data from creditors to track the evolution and characteristics of private debt. Its scope covers obligations of natural and legal persons to the state, social insurance funds, first and second degree local authorities and other public sector bodies, financial institutions, utilities, telecommunications providers and other private law entities. The Credit Assessment System will gather and process data from public sector bodies to produce a unified credit assessment, and will be able to exchange credit scores with credit assessment bodies to generate a consolidated score. Its core functions include collecting and cross-checking data from available public sources, producing a credit score, informing the individual or business of the result, and providing access to application history and a channel to request corrections where needed. Both projects are being implemented under the Greece 2.0 National Recovery and Resilience Plan with funding from the European Union's NextGenerationEU program.

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