Record Debt Restructurings in March, Non-Performing Loans Hit Two-Decade Low

Greece recorded its highest-ever monthly total of out-of-court indebtedness restructurings successful March, with 2,879 agreements reached covering obligations of astir 982 cardinal euros, authorities said.

Of those, 650 were concluded under a instrumentality that expanded eligibility criteria, requiring creditors to submit mandatory restructuring proposals. Officials said the legislative changes person importantly strengthened debtor protections, enabling much individuals to scope settlements.

New lawsuit filings besides reached a six-month precocious of 6,674, while applications submitted during the period climbed to 3,782, a marked summation from the two preceding months.

Since the mechanism’s launch, a cumulative total of 58,212 restructurings person been completed, corresponding to archetypal indebtedness of 18.08 cardinal euros.

Vulnerable Households

In March, 262 restructurings were finalized for economically vulnerable debtors, including 18 involving persons with disabilities. Since the program’s inception, 505 debtors person secured a suspension of enforcement measures, providing effectual extortion for their assets and superior residences.

Bilateral Agreements

Bilateral indebtedness restructurings with Greece’s 4 largest servicers — Intrum, Cepal, DoValue and Qquant — besides maintained momentum. In February 2026, agreements totaling 254 cardinal euros were recorded, covering 3,641 debtors.

Non-Performing Loans

Greece’s non-performing indebtedness ratio fell further to 3.3% arsenic of December 2025, according to the latest information published by the Bank of Greece — the lowest level recorded since 2002.

Source: tovima.com