Politics

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Photo by MacroPolis Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis

The government has unveiled the draft legislation that paves the way for Greece to adopt a new insolvency code and offer debtors a so-called “second chance” – a move that New Democracy hopes will stave off a major social impact resulting from the long economic crisis, as well as the knock-on effect of the more recent coronavirus pandemic.

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