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Disbursement delayed until April as lenders wait for primary residence law to be settled
EconomyProgrammethe government and the institutions over the new primary residence framework are holding up the green light... president Valdis Dombrovskis also said there had been significant progress on the primary residence.... In the meantime, work will have to continue on the details of the primary residence framework, which is due
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Newsletter 174 -14/09/2018
yet on reversal of cuts A five-day visit to Athens by the institutions, the first since the third... that this year’s tourism season is on course to be one of the strongest to date. The turnover index... kind of velvet divorce being agreed with ANEL. This is why May is seen as the most likely date
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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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Newsletter 474 - 05/09/2025
or land to private developers. In exchange for covering all design, construction, and maintenance... is expected to pass by October. Following the earlier announcement of a one-month rent subsidy... for legal residence after seven years of undocumented presence, calling the previous provision “a reward
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Greek bailout talks yet to conclude as start of IMF meetings approaches
EconomyProgrammea moratorium on primary residence-backed household NPLs for one year (instead of three years
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China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
AgoraCorridors In one major respect, the FYR of Macedonia is an outlier in the Chinese investment and economic... was escalating. One means to achieve this objective was to simultaneously recognize Taiwan, which in turn... was the country’s fourth largest trading partner in 2016 (treating the EU-28 as one partner), reaching a total
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EC sets out improvements Athens should make to primary residence proposal
EconomyProgrammeloans secured by primary residence collateral. Additionally, the new scheme creates an additional... of Non-Performing Exposures (NPEs) from the systemic banks. The protection of primary residences under.... The Commission highlights that the protection of primary residences was unilaterally extended until the end
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Athens set to press ahead with primary residence law despite differences with lenders
EconomyProgrammehas seen the new primary residence framework, which is due to succeed the Katseli law that expired... framework governing the protection of primary residences from foreclosure without necessarily first... residences. The institutions also raised concerns about the inclusion of the second group of NPLs
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Government hopes new affordable homes bill can help alleviate housing pressure
PoliticsGreek PoliticsGreece’s housing crisis has emerged as one of the key issues that the government has to address... concessions on selected public buildings or land to private developers. In return for covering all design... 2026. After the announcement of a one-month rent subsidy for tenants earlier this year, the government
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Post-Covid era dawns on new landscape for bad debt in Greece
EconomyFeaturesas purchasers of NPL portfolios. One of the largest players in the Greek servicer market, Intrum Hellas... of the total volume of NPLs. One aspect of the problem has been institutional. Seizing... of primary residence to the initiation of bankruptcy proceedings, providing a mechanism for borrowers
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