Eurogroup emphasises limited room for discussion on fiscal targets
Regling underlines concerns about fiscal target after voter-friendly measures
Eurozone set to give next govt until Sept to address fiscal issues
EC warns budget not on track due to handouts, advises against further underspend
Institutions warn of fiscal target being missed, reforms slowing
Lenders set to highlight reform delays, leaving fiscal gap concerns until after elections
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.
The protection of primary residences under the household insolvency legislation, known as Katseli law, was introduced at the start of the crisis and has been extended over the years. It was due to expire the end of last year and be replaced by a more co...
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