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Post-Covid era dawns on new landscape for bad debt in Greece
EconomyFeaturesof primary residence to the initiation of bankruptcy proceedings, providing a mechanism for borrowers... is due to come into effect in July 2021. The size of the primary residence problem has not been... to bad loans are the sole residence of a genuinely troubled borrower who will be left homeless
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankinga nine- month installment subsidy for primary residence mortgages impacted by the pandemic. Mortgages...’s various portfolios, management noted that a binding offer had been received for the sale... that it had entered into a binding agreement with Intrum for the purchase of 30 percent
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ECB's negative opinion on foreclosure bill creates another obstacle in bailout talks
EconomyProgrammeThere has been no official response from the Greek coalition to the European Central Bank (ECB) publishing on April 10 its opinion on the draft law on the suspension of primary residence foreclosures... is not binding for the Greek government but suggests that this is another issue that could become
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Second post-MoU review hinges on NPL plan and protection for primary residences
EconomyProgramme, which protects primary residences from foreclosure. The Bank of Greece’ proposed strategy for reducing... to their implementation. Regarding the new framework for protecting primary residences, Efimerida ton Syntakton
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What will it take to reverse the Greek 'brain drain'?
Societybackgrounds have proved more “sticky” in their new countries of residence. This underlines the fact... to be filled by over-35s. Educational qualifications have not necessarily made finding employment easier
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Newsletter 283 -05/02/2021
in person at specially-created voting centres in voters’ countries of residence. This group, which... scheme for the management of bad loans and “a strategy aimed at finding a comprehensive solution
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Sino-Greek engagement: Path to 'win-win cooperation' is not always linear
Agoraa residence programme called ‘Golden Visa’. It offers a five-year renewable residency permit to non-EU... or residence schemes have grown considerably in the EU during the past decade. Today, 20 out of 28 EU member
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Watchdog's ruling in voter email leak prompts opposition calls for minister to resign
PoliticsGreek Politicson the Interior Ministry in connection to the leaked emails. They were found to have breached data... the time of the national elections. Someone from the Interior Ministry, who has not been identified... for the European Parliament elections next month. Interior Minister Niki Kerameus has stressed
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Newsletter 409 - 26/01/2024
. Interior Minister Niki Kerameus stunned the opposition parties this week when she introduced a last.... This is due to the winding down of the Next Generation EU funding that plays a pivotal role
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Rise of property prices continues with 4.6 pct increase in Q2
EconomyMacroeconomy. Apartment prices in Greece began to decline in the first quarter of 2009. The biggest annual fall was posted.... The sharpest quarterly rate of decline was seen in Q1 2012, when apartment prices showed a YoY drop of 12.8...The rise in the nominal value of apartments in Greece accelerated to 4.6 percent year-on-year (YoY
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