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Newsletter 196 -01/03/2019
since Greece exited its bailout – set out nine aspects of the Greek proposal that the country’s... loans secured by primary residence collateral. Additionally, the new scheme creates an additional... number of design and technical details, which need to be settled so as to ensure that the scheme
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Athens waits for response from institutions on primary residences proposal
EconomyProgrammeto 130,000 euros, an assessed main residence value of up to 250,000 euros and an annual household... by December 30, 2018. Setting up the platform will be one of the biggest challenges as it will have... if that is sooner, the interest set at Euribor +2 percent, a haircut if the remainder of the mortgage
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EU's temporary framework for state aid in response to Covid-19 outbreak
Legalinsurance. 2. Subsidized Guarantees for Bank Loans One of the most important instruments under.... The Temporary Framework has defined a minimum level at which guarantee premiums are set... corresponds to the one applicable to State guarantees. The reduced interest rates may be applied
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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeaturesproperly known as the “Residence Permit for Investment Activity in Greece”, gives investors and their immediate family a five-year residence permit. To qualify, under Law 4251/2014, applicants must buy... European country. Holders of the residence permit have a right, but not an obligation, to reside
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Main residence draft law shows signs of compromise in several areas
EconomyProgrammeproposed. This was one of a series of climbdowns that Athens had to make following its detailed... level of deposits to be set at 65,000 euros and for the immobile assets to have a maximum value of 260,000 euros. This is one of the areas where the institutions felt that the terms were far too
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Brussels highlights lagging reforms ahead of decision on debt relief measures
EconomyProgrammeof protection of primary residences raises concern. "It has a large number of design and technical... of the first set of policy contingent debt relief measures worth 970 million euros. Those debt measures... their concerns as there are a large number of design and technical details which need to be settled so
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Newsletter 174 -14/09/2018
and Alternate Finance Minister Giorgos Houliarakis reportedly set out the case for not reducing pension... reportedly set out its position that the measure is not necessary in fiscal terms because the 3.5 percent... elections. Focussing on the period up to the end of 2022, allows Tsipras to set out a broad array
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ND defends economic pledges as Kammenos repeats walkout threat
PoliticsGreek Politicsof this week, but observers also have one eye on the turmoil that could be caused by the Macedonia name issue. After Mitsotakis set out his plan for tax cuts, aimed at boosting growth and tax revenues... of the plan announced by the opposition leader. One of those concerns his plan to hand over control
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Parties take another look at granting vote to Greek expats
Societyresidence. In a country which has experienced several waves of emigration over the two centuries of its... as a way of maintaining ties with the diaspora. The problem is a practical one: voting is only... remotely, either at embassies and consulates in their country of residence or by postal ballot. All
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Primary residences back in focus as Athens waits for recovery fund decision
PoliticsGreek Politicsregarding the coronavirus recovery fund, there is growing attention on the primary residence..., but the size of the reserve and the way it will work are up for further discussion. One of the main... of the primary residence scheme. The programme, which protects certain homes from repossession if owners
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