{"id":11019,"date":"2026-06-16T11:43:00","date_gmt":"2026-06-16T08:43:00","guid":{"rendered":"https:\/\/en.tomanifesto.gr\/?p=11019"},"modified":"2026-06-16T11:43:00","modified_gmt":"2026-06-16T08:43:00","slug":"kyriakos-pierrakakis-the-swiss-franc-arrangement-has-been-extended-until-september-30","status":"publish","type":"post","link":"https:\/\/en.tomanifesto.gr\/?p=11019","title":{"rendered":"Kyriakos Pierrakakis: &#8220;The Swiss franc arrangement has been extended until September 30&#8221;"},"content":{"rendered":"<p><b>The arrangement regarding the <\/b>Swiss franc has been extended until September 30, <\/b>in order to give more time to <b>borrowers<\/b>. <\/p>\n<p>This was stated by the Minister of National Economy and Finance<b> Kyriakos Pierrakakis<\/b>, speaking on \u201cParapolitika FM,\u201d noting that \u201cwe have<b> 14,000 borrowers<\/b> who have applied for inclusion, the <b>settlement <\/b>is in effect and an extension will be granted under the current <b>bill<\/b>.&#8221; As he also noted, \u201cthe arrangement will not change. We have been discussing this issue for many years; <b>there is also a haircut,<\/b> and a response based on the level of <b>income<\/b>. The regulation was correct, and more time will be given,<b> until September 30<\/b>.&#8221;<\/p>\n<p>In the same <b>interview<\/b>, the minister also said that regarding <b>hybrid passenger cars, \u201cthe bill <\/b>includes provisions for plug-in electric vehicles, in line with common sense.\u201d And he added that \u201cwe will extend for another<b> 6 months <\/b>the graduated <b>50% discount-<\/b> <b>75% for hybrids<\/b>, and this also applies to those purchased in the last 6 months that have not yet <b>been registered<\/b>, so as to avoid any surprises. Starting January 1, 2027, a <b>50% discount will apply to plug-in cars<\/b>.\u201d<\/p>\n<p>Regarding the <b>Real Estate Leasing Agency,<\/b> Mr. Pierrakakis stated that \u201cI have served as a minister in ministries that acted within 24 hours, but there are other matters that involve different procedures. We are in the final stage of implementation; <b>on May 29<\/b> the final <b>bids<\/b> were submitted, and the process of <b>evaluating<\/b> them has begun. The program is a tool for protecting primary residences; it allows tenants to stay for <b>12 years<\/b>, with a state <b>rental subsidy<\/b> and the option for the tenant to repurchase the property. The Agency will begin operations in the fall, and in the meantime, no one has been left unprotected. At the same time, the <b>out-of-court mechanism<\/b> is a tool for protecting primary residences.<\/p>\n<p>Regarding the <b>\u201cKatseli Law\u201d<\/b>, he stated that \u201cthe <b>opposition<\/b>rushed into it; it is a complex decision. Ministry officials are studying the decision in depth; the opposition likely hasn\u2019t even read it. The decision of the <b>Supreme Court <\/b>will be implemented; the discussion is about how to implement it. We are studying the decision; there are many different scenarios. We will find the best way to implement it.\u201d<\/p>\n<p>Finally, regarding <b>private debt <\/b>, he noted that \u201csystemically, it is lower than the European average; we are at<b> 94.5% of GDP,<\/b> while in Europe it is<b> at 121%,<\/b> but the ministry and the government cannot ignore it. Thousands of people are affected. We are providing people with the appropriate tools so that, on the one hand, the culture that now generates primary surpluses does not change, but we need to get \u2018people out of the water.\u2019 We need a middle ground\u2014a state that offers a helping hand rather than pointing fingers. People are embracing the regulation regarding the <b>Swiss franc<\/b>, and the out-of-court mechanism, as they were designed based on people\u2019s needs.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Swiss franc repayment plan has been extended until September 30 to give borrowers more time. This was stated by &#8230;<\/p>\n","protected":false},"author":1,"featured_media":11020,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-11019","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"acf":[],"_links":{"self":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/11019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11019"}],"version-history":[{"count":0,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/11019\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/media\/11020"}],"wp:attachment":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}