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Athens Macedonian News Agency: News in English, 14-08-25
CONTENTS
[01] Gov't aims at comprehensive solution for 'red' loans, Development
Minister says
[01] Gov't aims at comprehensive solution for 'red' loans, Development
Minister says
ANA/MPA---The government's primary target is to present a comprehensive
settlement framework for "red" business loans, Development and
Competitiveness Minister Nikos Dendias said in an interview with
Eleftheros Typos on Sunday.
"The plan for non-performing business loans is part of a broader framework
for the restructuring of private debt. We seek a comprehensive solution
to the debt problem so that sustainable businesses, not only the large
ones but also the small ones, will be able to overcome their problems,"
Dendias noted.
Asked about home loans, Dendias stressed that special measures would be
taken so that citizens will not lose their properties. Furthermore, he
stated, "a massive wave of home foreclosures does not benefit the banks,
as it would lead to further large reductions in the real estate market."
The minister underlined that the main concern in the post-memorandum
era must be the reduction of taxes on businesses and individuals.
Regarding the Real Estate Ownership Uniform Taxation (ENFIA), Dendias
expressed his hope that the forthcoming improvements would limit the
citizens' discontent, adding that real estate over-taxation harms the
economy more than boosts economic activity.
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