With the No. 2692\/2013 First Instance Court of Thessaloniki decision an order for payment against a craft company (our client), has been cancelled. The bank\u2019s claim was ruled uncertain and of an uncertain sum, based on loan interest and compounding of borrower\u2019s contribution of Law 128\/75. The decision ruled that this kind of contract is directly contrary to article 8\u00a76 of Law 1083\/1980 and provisions of articles 174, 178 and 179 of Civil Code and therefore void. The above decision noted that even with a teleological interpretation of the relevant provisions the conclusion is the same, in view of the fact that every decision of the Monetary Committee, which established an exception, should be interpreted narrowly.<\/p>\n","protected":false},"excerpt":{"rendered":"With the No. 2692\/2013 First Instance Court of Thessaloniki decision an order for payment against a craft company (our client), has been cancelled. The bank\u2019s claim was ruled uncertain and of an uncertain sum, based on loan interest and compounding of borrower\u2019s contribution of Law 128\/75. The decision ruled that this kind of contract is…","protected":false},"author":1,"featured_media":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"portfolio-types":[35],"class_list":["post-44384","portfolio","type-portfolio","status-publish","hentry","portfolio-types-our-news"],"acf":[],"yoast_head":"\n