Programme

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Foreclosure bill undergoing final adjustments to satisfy creditors

The government is looking to the Bank of Greece to provide its assessment of the latest version of the draft law for the protection of primary residences from foreclosure so the bill can be tabled in Parliament and voted on this week, ahead of Monday’s Eurogroup.

EC sets out improvements Athens should make to primary residence proposal

Among the areas of concern highlighted in the European Commission’s second post-programme surveillance report are the household insolvency law and debtor protection schemes, which are examined in the context of the overall financial system stability and the ongoing efforts to reduce the stock of Non-Performing Exposures (NPEs) from the systemic banks.

Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98 EU officials suggest frantic days ahead for Athens until March 11 Eurogroup

Comments made to Reuters by European officials regarding the possibility of eurozone finance ministers delaying a decision to disburse up to 750 million euros to Greece on March 11 have raised concerns in Athens, where the Finance Ministry is waiting for a response from Brussels to its proposal for a new scheme to protect primary residences from foreclosure.

Results 41 to 50 out of 474.