In a letter to the President of the Supreme Court, the PASOK Member of Parliament for the Northern Athens Constituency PASOK Member of Parliament for the Northern Athens Constituency and Sector Head for Banks, Private Debt, Borrower Protection, and Investments, Milena Apostolaki, has requested in a letter to the President of the Supreme Court.
This decision by the Plenary Session is of particular social and economic significance, as, according to what has been made public, it clarifies that interest on restructured debts is calculated on the monthly installment rather than on the total principal of the debt, effectively strengthening the protection of over-indebted households and the sustainability of court-ordered debt settlements. However, despite the passage of a significant amount of time, the decision has not yet been finalized and published.
As Milena Apostolaki points out, this delay creates a real implementation gap with immediate consequences for thousands of borrowers, as banks and debt collection agencies cite the non-publication of the decision and refuse to adjust installment schedules, offset debts, or apply the new calculations, while citizens continue to bear the financial burden.
In her letter, the PASOK MP, on the other hand, the speed with which Decision No. 1/2023 of the Plenary Session of the Supreme Court—legalizing servicers and funds to proceed with enforcement actions—was finalized and published, just seven days after its issuance!
The letter points out that the uncertainty created by this delay undermines legal certainty, the substantive effectiveness of a critical judicial decision, and public confidence in the justice system.
“The timely completion of the process is not merely a matter of the administrative processing of a court decision. It concerns the ability of thousands of our fellow citizens to see the judicial protection they were entitled to receive put into practice,” emphasizes Milena Apostolaki, calling on the leadership of the Supreme Court to consider, within the scope of its authority, expediting the publication of the decision.