Athens prepares new primary residences proposal after finding common ground with banks

EconomyProgramme Tags: Banking, EC, Eurogroup, NPLs, Property
Photo by MacroPolis
Photo by MacroPolis

The Greek government and local banks are reportedly making progress in their discussions about how to replace the Katseli law, which expires at the end of the month, with a new framework for protecting primary residences from foreclosure.

The two sides appear to be moving closer to each other following their talks at the beginning of the week. A new meeting may be held on Friday, with the possibility of the Greek proposal being finalised and sent to the institutions for approval by the b...

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