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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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Newsletter 49 - 30/10/2015
Three pending issues Government and quadriga have yet to agree on some prior actions After... reportedly demanded that the new eligibility criteria be limited to homeowners whose residence... will not be known for a few weeks yet, but all indications point to anyone retiring in the coming years only being
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OECD sees potential for recovery in Greek economy, stresses benefits from reforms
EconomyMacroeconomya revision of the seniority premium. The OECD estimates that product and labour markets reforms... behind this performance relate to administrative capacity constraints, little programme ownership... (from 197.4 percent) in 2017. Upside risks to OECD outlook relate to swift and full implementation
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The IMF crisis and how to solve it
Agora. But then again... The IMF’s rejection of its own staff’s mild criticism is arguably the bigger and yet under... Rato, and DSK has suffered some degree of tarnished reputation since their appointments. Yet... that institutional biases are being tackled is to open up its kitchen to public scrutiny. Fund staff and real
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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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Main residence draft law shows signs of compromise in several areas
EconomyProgrammeby the end of last year. Homeowners who have applied for protection under the Katseli law but have not yet...After weeks of back-and-forth with the institutions, the Greek government submitted to Parliament late on Tuesday the main part of the draft legislation relating to primary residences. The details
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Greece and Turkey go into new round of exploratory talks with trust at a premium
PoliticsForeign Policynot changed.” “The decision taken by the Turkish parliament has not changed.” No trust yet Athens goes
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Greek fiscal deficits and debt since 2000
Agoranot yet resulted in cash flows. Combining cash and non-cash data gives rise to the term “modified cash... administration, destroy confidence, and raise the country risk premium. [4] It is also a fact... 2010-2020, the debt increased by 11 billion. How do these developments relate to fiscal policy
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Clock ticks on bailout review but big gaps remain between Greece, lenders
EconomyProgrammenot yet specified. At the same time, institutions favour the national pension of 384 euros... revenues of 190 in 2016, which has not been implemented yet and b) tax rate of 30 percent on OPAP Video... delayed and it is not yet known when or if the tax will be implemented. The second set of suggested
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Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgrammein the next few days to begin the first programme review. Although the agenda has not yet been officially...-primary residence mortgages is allowed. The second phase includes the remaining NPLs (primary-home... for the institutions relate to the implementation of the Council of State decision ruling unconstitutional the pension
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