The Ministry of Finance’s proposal to reduce the “red” bank loans has been sent to the relevant European Commission Directorate.

The plan stipulates that a sum of “red” loans of a total amount of € 15-20 billion will be transferred to a special protection scheme, which will operate under the guarantee of the Greek state.

Due to the fact that there will be guarantees on the part of the Greek State, there is also a matter of investigation by the Competition Commission, that is, if there is state intervention in this matter.