Greece and lenders far apart on foreclosures as housing NPLs keep rising

EconomyProgramme Tags: Banking, NPLs
Photo by Harry van Versendaal
Photo by Harry van Versendaal

The protection of primary homes from foreclosures emerged as one of the key areas of significant difference between the Greek government and the institutions during the 3-day visit of the quadriga mission chiefs to Athens last week.

He stressed that the view of the Commission and the other institutions is that the protection has to be focused “really on those households in clear need of the protection, a targeted support to most needy households.” Besides the differences, Dombrovsk...

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