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Newsletter 191 -25/01/2018
scheme to protect primary residences from foreclosure and the execution of the 2018 and 2019 budgets... on the formation of a new framework to protect primary residences from foreclosure, replacing the Katseli... up to around 100,000 euros on mortgages secured against primary residences. A host of actions
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Brussels highlights lagging reforms ahead of decision on debt relief measures
EconomyProgrammeof the Greek for a new system of protection of primary residences to replace current protections under... for protecting primary residences will affect progress of clearing all cases by 2021. Also... of protection of primary residences raises concern. "It has a large number of design and technical
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Athens aims to wrap up legislation on foreclosures and issue 10-year bond
EconomyProgrammeresidences from foreclosure. Regardless of the progress on this issue, Greek authorities are aiming.... On the primary residences, talks with the country’s lenders appear to have led to the government.... The government is reportedly hoping to table the primary residences bill by Wednesday at the latest so
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Newsletter 200 -29/03/2019
introducing the new scheme to protect primary residences from foreclosure but it seems that its work.... This rises to The tabling of the draft residences legislation is a major step towards securing... to ensure that primary residences were protected. “This was not negligence, but a strategic decision
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Tsipras identifies first bills, domestic approval assured
PoliticsGreek Politicshelp him take in 2.5 billion euros by the summer. Protection of primary residences A third piece... residences from foreclosures. The prime minister said that the draft law would protect homes with a value
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Gov't hopes deal with lenders on prior actions will prove politically palatable
PoliticsGreek Politicsto distressed funds large corporate loans and mortgages for homes that are not primary residences... as housing loans secured against primary residences, the regulatory framework will be agreed
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Multi-bill tabled in Parliament, paves way for sale of NPLs
EconomyProgrammeand mortgages for homes that are not primary residences until February 15, 2016. This means that the issue... NPLs at 28 billion (of which 12 billion relate to primary residences), SME and sole-proprietors
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Greece stands on fault line between vicious and virtuous cycles for 2016
Agoralinked to primary residences. These are combined with the drawing up of a Medium Term Fiscal... austerity measures in 2017 and possibly 2018, and place loans linked to primary residences
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E-auctions get underway as draft SLA is prepared
EconomyProgrammean emphasis on primary residences not being among the pool of properties auctioned. Government... residences from foreclosure under certain circumstances, would continue to apply until the end of 2018
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Banks submit new NPL targets to SSM, with sales leading way in reduction drive
EconomyBankingto primary residences, which are currently protected from foreclosure under the so-called Katseli law... primary residences from repossession. As from the start of this year, applicants for protection
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