Bill on non-performing bank loans to be tabled by mid June
ANA-MNA -- A draft bill outlining measures for non-performing loans from banks to private individuals, as well as measures for an overhaul of the Teiresias system tracking bad debts, is to be tabled in Parliament by mid-June according to an announcement by Deputy Development, Competitiveness, Infrastructure, Transports and Networks Minister Athanassios Skordas in Parliament on Wednesday.
The announcement was made during debate on a draft bill tabled by the Communist Party of Greece (KKE) for a full or partial write off of debts owed by "working class households".
Skordas criticised the KKE bill as "unenforceable" and "full of holes" and said the development ministry bill will intervene on behalf of citizens fairly, in the framework of a sustainable financial system.
The KKE bill was supported by main opposition SYRIZA-EKM spokesman Athanassios Petrakos and the Independent Greeks.
Coalition partners PASOK and Democratic Left urged the government to take measures to relieve the plight of poorer households and set up a safety net for vulnerable groups.
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