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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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How does ECB's decision on Greek banks' T-Bill exposure affect state liquidity?
EconomyFollowing its earlier recommendation to Greek banks not to increase their T-Bill holdings from... legally binding, according to reports. The initial decision was already in effect for the three T... media reported that Chinese investors placed 150-200 million in two of those three T-Bill issues
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Professional liars in pandemic times
Agorawill not get vaccinated because he has previously recovered from corona. He also implied... Instagram commenting that the vaccine against corona has been around for some time... that the corona virus is "the funniest flu", and that women could go on "shopping tours to Milan
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Going for Growth: What next for Greece's economy and banks?
Agorawith 18.6 percent unemployment[2], millions of Greeks still don’t have work or a path to a better... the currency isn’t controlled at a domestic level – is made so much harder when the intrinsic value... 2: Source: Bank of Greece FDI investment isn’t surprising considering the cheap price of various
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Ankara tension tops govt agenda, overshadowing social dividend and primary residences
PoliticsGreek PoliticsRecep Tayyip Erdogan as much when the pair met at the sidelines of the NATO summit in Watford last... at extending the primary residence protection scheme, which is due to expire at the end of the year, until... his brief premiership. Social dividend & primary residences Last week finished on somewhat of a high
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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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SYRIZA hits back in funding row, says it could issue T-bills and use repos
Economyearlier this week noting that Greece had reached the 15-billion-euro limit on T-Bill issues.... In addition, the ministry questioned the ability of Greek banks to cover additional T-Bill issues and pointed out that foreign investors are not purchasing T-Bills during the current period of political
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Could Greece's immigration reforms have an impact on upcoming elections?
Societyresidence permit.” Paraphrasing a SYRIZA slogan used by the minister, “dreams don’t have borders... granted “skyrocketed” from 14,178 to 33,487. Interior Minister Alexis Haritsis responded by describing... inhabitants in 2017. The Interior Ministry publishes more detailed statistics on citizenship
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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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