Positive for borrowers was described the decision of the Supreme Court plenary on how to calculate the interest of borrowers subject to the Katseli Act (n. 3869/2010), at the event held at the Athens Bar Association, on the subject "The application of the Supreme Court's No. 6/2026 decision on how the regulations of Law 3869/2010 were to be discharged, to regulate the debts of overcharged natural persons".
From University professors and lawyers, but also from the former minister and peer professor of the EPA Luca Katseli, a detailed presentation and analysis of the Supreme Court plenary decision was presented and all procedural possibilities developed.
The event was welcomed by SYRIZA President Socrates Famellus, PASOK MP Milena Apostolakis, the parliamentary representative of the JRC Nikos Karathanasopoulos and the President of the ‘Freedom Sailing’ Zoe Konstantopoulou.
First, the president of the Athens Bar Association Andreas Koucholampros, noted that the plenary decision "can neither interpretations nor misinterpretations be interpreted, is clear and has clear content in favour of borrowers" and continued:
"This is a decision of major legal and social importance. The plenary of the Supreme Court confirmed the forced character and protective teleology of law 3869/2010, undermining the notion that court arrangements for protection of the first residence can be treated as common banking products.".
At another point, the President of the IACS noted: ‘The decision concerns thousands of borrowers who, having already been judged to be over-indebted, unable in fact to meet their initial obligations, have in recent years been faced with disproportionate burdens from executing practices threatening to cancel in fact the legal protection of their first residence.
Today's event is a reason to give a clear response to the unsolicited advocates of banks and funds, who have rushed to question the importance and implementation of the decision: the judicial crisis cannot be interpreted or misinterpreted. It is clean and has clear content in favour of borrowers. Its respect requires full application without asterisks, gray zones or interpretive evasions.".
In closing, Mr.Koutsolambros stressed: "We have also served, the abusive conduct of Demand Management Companies, which falsify the rights of borrowers, endanger their property rights and display derogatory behaviours against lawyers and debtors.".
He did not fail to point out the fact that the Supreme Court plenary accepted the No. 6/2026 decision of the Bar Associations to intervene in this case, while, on the contrary, the Larisa Bar Court suspended the Bar Associations in support of a charge in the trial for the Tembe railway accident.
And this, despite the fact that "we prove, with our daily action and initiatives, that the role of the law body is not exhausted in individual defence, but also includes institutional defence of the rule of law, social protection and citizens' access to justice.".
Luca Katseli: Interest on saving main residence must be calculated at the monthly dose
For her part, Mrs. Katseli, a founder of Law 3869/2010, described the decision of the Supreme Court as historic and among others, stressed: ‘The interest to save a main residence must be calculated in the monthly instalment. It is clear, according to the legislator's reasoning and cannot be interpreted differently. It's self-regulation. To serve the public interest he recognises the right to housing as a protected constitutional right and the right to a decent living of the debtor.
It sets the dose as a ceiling and not as a basis of calculation and is compatible with the needs of each debtor. It welcomes the possibility of exempting natural persons to permanent and saving a principal residence and the necessary intermediary role of a judge.
Protecting the right to housing and ensuring decent living is a right protected by the Constitution and European Directives.".
The rapporteur was: Stelios Stamatopoulos, Professor of Law School of ICU, a lawyer at the trial before the Chamber of the Supreme Court, Ioannis Delikostopoulos, Professor of Law School of Athens, a lawyer at the trial before the plenary session of the Supreme Court, George Mentis, Professor of Law School of Athens, Professor of Law at the Court of Justice, Panayiotis Nikolopoulos, An. Professor of Law School of Athens, a lawyer present at the trial before the plenary session of the Supreme Court and Dimitrios Scaripas, Lawyer at the Supreme Court, a lawyer at the trial before the Supreme Court.
The event was coordinated by Demetrius Lyritis, a member of the Board of Directors of the ICSA and a present lawyer in the trial before the Supreme Court plenary.