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Primary residence talks continue amid uncertainty about draft legislation
EconomyProgrammeThe Greek government remained in discussions with the institutions on Thursday over the details of the primary residence framework amid concerns that Athens is set to act unilaterally and table... against primary residences that the government would like to be included in the new framework. According
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A closer look at planned laws for unpaid taxes and home foreclosures
EconomyMacroeconomytaxpayers who met their tax obligations consistently in recent years. In response to those arguments... period, auctions of the main residence of households below a certain income threshold, while punishing...Two of the four bills that the government plans to table in Parliament this week relate
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New Omicron measures met with exasperation by business and scepticism from opposition
PoliticsGreek PoliticsGeorgiadis argued that any kind of lockdown over the holidays would not be met with compliance. Reaction Even the limited restrictions announced on Monday have been met with protestations from
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Coalition sees key targets met in debt deal but opposition has holes to pick
PoliticsGreek Politicsthat the coalition met one of its key targets, which has not always been the case during its negotiations
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HRADF declares international consortium highest bidder for 67 pct stake in Thessaloniki Port
Economycorresponds to a premium of 67.4 percent on OLTH’s current market capitalisation of 206.74 million. The premium is similar to that paid by COSCO’s in January 2016 for the acquisition of a 67 percent stake in OLP. Specifically, COSCO’s offer stood at 368.5 million, which corresponded to a premium
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General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up
EconomyMacroeconomyentities. Similar to January, the state budget recorded the highest surplus at 852 million, yet... million euros, of which 181 million relate to hospitals and 119 million to social security funds. State
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Newsletter 18 - 06/03/2015
weeks (on March 11 and 18, respectively) and relate to the roll-over of 3-month T-Bills worth 1.6... forthcoming transactions. The next key funding obligations this month relate to the payment of 1.5... this month, of which 800 million relate to interest payments and 200 million to other obligations
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Newsletter 197 -8/03/2019
Foreclosure hurdle not cleared yet Primary residence dicussions continuing as hopes of Eurogroup... by the borrower should be no more than double the threshold for the primary residence i.e. 500,000... a premium as long as it is above a certain threshold in excess of its quota with the IMF. Greece’s
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Deliberations over primary residence bill set to delay green light from Eurogroup
EconomyProgrammeon the details of the legislation for primary residences by Friday. Speaking to journalists in Brussels... 2 billion euros is linked to business loans that were backed by primary residences. It is thought
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomyof June is not likely to be met since the respective rate by the end of May stood at 11.4 percent... increase in the cumulative debt reflects payments against ‘old’ debt, which amounted to 852 million so
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