A new Greek government regulation designed to provide relief to over 100,000 debtors with “Katseli” loans is expected to impose a €700 million cost burden on banks and loan servicers. The amendment, submitted by Minister Pierrakakis and scheduled for a vote on Wednesday, alters the calculation of interest on these loans. Banks and servicers will now be responsible for absorbing a significant portion of the financial impact resulting from the revised terms. Calculations are underway to determine the specific cost allocation among the affected institutions. The regulation aims to ease the financial strain on borrowers, but raises concerns about the profitability of financial institutions. The amendment passed through parliament and is now law, initiating the process of cost distribution.