Greek representatives, creditors at odds over state debt settlement schemes
- Written by E.Tsiliopoulos
Details of state debt settlement schemes - such as the 100-installment scheme introduced last year or an electronic 12-month scheme available at present - are reportedly the "bone of contention" in talks between Greek representatives and the Institutions, government sources said on Tuesday.
Regarding the 100-installment scheme, creditors want Greek taxpayers to drop out of the scheme if they miss paying an installment by even a single day, whereas the Greek government proposes a 30-day leeway before someone loses the right to continue with the payment scheme.
Finance ministry sources clarified that creditors have not asked for any change in the interest rate for 12-month repayment schemes. Other sources, however, noted that creditors have asked for tighter eligibility criteria and the extension of the ability to pay debts in installments online to those that are not currently overdue.
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