{"id":462194,"date":"2026-02-06T11:52:09","date_gmt":"2026-02-06T11:52:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/462194\/"},"modified":"2026-02-06T11:52:09","modified_gmt":"2026-02-06T11:52:09","slug":"ministry-says-debt-settlements-reach-historic-high","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/462194\/","title":{"rendered":"Ministry says debt settlements reach historic high"},"content":{"rendered":"<p>                            <img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" class=\"picture-main-block-image\" data-nxsrc=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2023\/05\/6efc2f92b48d37792ca77ed83dc682b9_UP-OIKONOMIKON-2.jpg\" alt=\"Ministry says debt settlements reach historic high\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/02\/6efc2f92b48d37792ca77ed83dc682b9_UP-OIKONOMIKON-2-960x600.jpg\"\/><\/p>\n<p>The next top Finance Ministry official will need to address a series of issues and challenges.<\/p>\n<p>Debt settlements reached via an out-of-court mechanism hit a historic high in January, with a total of \u20ac773 million dealt with through the mechanism\u2019s platform, the Finance Ministry said Thursday.<\/p>\n<p>The ministry said the record is indicative of the effectiveness of the tool and the participation of debtors in the mechanism. A total of 2,554 settlements were completed in January. Since the mechanism began operating, 53,307 settlements have been completed, which correspond to initial debts of \u20ac16.53 billion. \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"The next top Finance Ministry official will need to address a series of issues and challenges. Debt settlements&hellip;\n","protected":false},"author":2,"featured_media":462195,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":{"0":"post-462194","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/462194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=462194"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/462194\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/462195"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=462194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=462194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=462194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}