NEWS

Deal reached for military personnel to restructure loans

The Defense Ministry agreed a deal on Friday with Hellenic Postbank for members of the armed forces to be able to restructure their loans.

Under the agreement, the repayment period for any loan can be extended to 20 years, while customers can be given a six-month payment holiday.

They will also be allowed to pay just the interest on their loan for a period of two years.

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