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Euronews
Euronews
Symela Touchtidou

Greece moves to protect borrowers with consumer loans up to €100,000

The Greek government is moving to introduce legislation to strengthen consumer protection in the retail banking market by capping the total repayment amount on consumer loans of up to €100,000.

Greek Prime Minister Kyriakos Mitsotakis presented the plan as part of his weekly review of the government’s work, stressing the need to curb abusive practices and “fine print” in lending contracts.

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