During more normal times, many homeowners could be helped with a temporary repayment plan – for example, a deferral of interest payments for a period. But under the current circumstances, with house prices declining and credit tight, permanent loan modifications will often be needed to create sustainable mortgages and keep people in their homes.
The reduced need for external financing is evidenced also by the plans to reduce fiscal deficit and switch to a primary surplus in 2024, and the fact that the share of general government public debt in GDP was put on a declining  3  path already last year, measuring 57.5% at end-2021 for the general government and 56.9% for the central government.