The legislative intervention of the Ministry of Finance for the implementation of the decision of the Plenary of the Supreme Court (OlAP 6/2026) fully clarifies the methodology for calculating interest on loans which, by court decision, have been included under Law 3869/2010. The clear regulation provides full visibility regarding the method of calculating installments and, also, regarding the terms of its retroactive application, notes in its announcement the Association of Loan and Credit Claims Management Companies.
As it states, the member companies of the EEDADP, which had from the outset pointed out the need for immediate clarification of the correct interpretation of OlAP 6/2026, are proceeding immediately with the necessary actions to adapt their IT systems, so that the borrowers' repayment schedules fully reflect the provisions of the new law. Due to the volume of loans covered by the regulation and the need to implement computational infrastructure, the full update of the repayment schedules is estimated to be completed within the next few months.
In this transitional period and for the borrowers of Law 3869/2010 covered by the new regulation (active arrangements and arrangements for which the conditions for declaring them forfeited have not been met), the EDEDAP will request payment of exclusively the principal portion of the installment of the existing repayment programs, without changing the court-determined monthly installment. Any excess amounts that have already been paid will be deducted from the last chronologically installments of the court-approved repayment program, in accordance with the explicit provisions of the new law and within the framework of the aforementioned IT adaptation, the announcement concludes.