Debt management companies (servicers) cut one in two red loans, trying to address the problem of private debt corresponding to a GDP (EUR 245 billion). Non-performing loans amount to 73.9 billion euros, with 68 billion being managed by servicers. The haircut reaches up to 74% in consumers, 45% in housing and 62% in small business loans. The government is promoting a new digital platform for non-performing loans to operate from autumn, creating transparency in the secondary market worth 80 billion euros.