DECREASE OF THE LEGAL INTEREST RATE FROM 2.5% TO 2%
By Ministerial Decree No. 294 dated Dec. 10, 2024, published in the Official Gazette No. 294 dated Dec. 16, 2024, the legal interest rate referred to in Article 1284 of the Civil Code was decreased from 2.5% to 2% per annum.
TIME OF DECORRENCE
The new legal interest rate of 2% applies from 1.1.2025.