The Piraeus Bank has become the first Thursday in Greek financial institution to take a step to alleviate the plight of the needy customers, passing condone the lower debts to € 20,000 for all persons who have welcomed the humanitarian aid program of the Government. In a statement, the bank said that is 100% of all consumer loans and credit cards below that amount.
This provision is open to all persons who have benefited from the program aid approved by the Government of Alexis Tsipras to the needy. The Greek government’s plan to fight poverty is destined for a total of 153,000 families can apply for rent subsidies, to light and food. They are entitled to this program all those not receiving aid from other European or regional initiatives.
You can choose a government initiative who last year declared Treasury prices lower than the 2,400 euros annual income for a household for a single person and € 6,000 annually for a family from four children. The bank reported that all these people were also frozen their mortgages and are exempt from payment of interest during the term of this law, initially planned for one year.
A debtors they can not benefit from the provisions of this Act, not being under the program of humanitarian aid, if they have outstanding payments to the bank to which they can not cope with the entity ensures that will propose solutions to restructure its debt.
Conditions for cancellation
The Piraeus Bank immediately hung on its website Thursday conditions attached to this offer and noted that requests may be made in any of the 803 branches from May 21. Banking sources quoted by local media said that the volume that can be forgiven amounts to tens of millions of euros and affects several thousand customers. At the same time, this move opens the way for other banks offer similar programs.
The Greek government program to combat poverty is destined for a total of 153,000 families can apply for rent subsidies to the Light and food. According to the Social Security only on the first day of application deadline of humanitarian aid, on Monday, 8,500 requests were received.
On the government’s plan to help those in need, specifically, is expected that the subsidy for housing 30,000 people who will get between 70 and 220 euros per month eligible. Applicants may also request free 300 kilowatts of electricity per month and a bank card that can be used only to purchase food and that the Government will recharge the beginning of each month.
Plan of government assistance
In the case of rental assistance, the value of real estate must not exceed 90,000 euros if it is a home of a person, or 200,000 euros in case of a family. The Deputy Minister of Social Solidarity, Theano Fotíu, recently admitted that the law passed by the Greek government “does not solve the humanitarian crisis,” but added that it is a “small important step” and that families with children have priority.
According to the statistics agency ELSTAT, in mid-2014 23.1% of the Greek population lived below the poverty line and 28.8% had child poverty. In the six years of crisis, revenues in Greece have fallen an average of 30%, unemployment has soared from 9% to 26%, three million people have been uninsured gross domestic product has fallen by 25 %.
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