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Institutions wrap up talks with focus on NPLs, primary residences and budget
EconomyProgrammeresidences from foreclosure and the execution of the 2018 and 2019 budgets topping the agenda... framework to protect primary residences from foreclosure, replacing the Katseli law which is due... euros on mortgages secured against primary residences. Finance Minister Euclid Tsakalotos also
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Primary residences and lignite units top agenda ahead of Eurogroup
EconomyProgrammeform the framework for protecting primary residences, which will succeed the Katseli law, will take... and protecting primary residences from foreclosure. The first step will be a significant haircut... would like to set the level of protection for primary residences at 250,000 euros as long
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Deadly collision throws spotlight on government’s migration policy
PoliticsGreek Politicsapplications, or enable access to the tax and social security systems for those with legal residence... on migration, as the government introduces legislation restricting access to legal residency. A row... bill The deaths add to tensions over the government’s proposals to restrict access to legal residency
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New migration law passes amid questions over Chios tragedy
PoliticsGreek Politicsfor certain residence permits, and greater flexibility for workers to change employers. Recruitment... will receive residence permits aligned with the length of their studies, gain the right to work part... tightens the rules for those already in the country without permanent residency. Access to benefits
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New Democracy and SYRIZA neck and neck for EP vote but PASOK adrift
PoliticsGreek Politicshoneymoon period is not over yet. It seems the party’s rather vague positions are not going to prevent... easier to draw some conclusions about what is likely to happen. These relate in particular to PASOK
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In survival bid, coalition seeks to ease taxpayer burden, secure early bailout exit
PoliticsGreek Politicsthat has yet to be finalised is how the growing number of non-performing loans (NPLs) will be dealt with. NPLs currently stand at 77 billion euros, of which 42 billion relate to the corporate loans
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How SYRIZA says it will fund its economic policies
Economyand fuel smuggling. Estimated revenues are seen at 3 billion euros from the first year, yet SYRIZA... programme was estimated by SYRIZA at 11.36 billion euros, of which 6.5 billion relate to the growth
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Greece and eurozone reach tentative deal, much undecided
EconomyProgrammeof the government’s pledges. However, it is not yet known the form, composition etc of the new..., of which 1.6 billion relate to February, 2.5 to March and 0.6 billion to April. Bank recap funds
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Eurobank posts loss of 523.7 mln in Q4 2014
EconomyBankingmonths of 2015. Commission income also advanced by 11.4 percent QoQ to 79 million euros, yet... legible collateral with a cash value of around 30 billion. Of that amount, almost half relate to pillar
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Newsletter 19 - 13/03/2015
Marks for Nazi crimes. Yet, when reunification came, Greece’s repeated attempts to reach a settlement... to 50.9 billion in January and mainly relate to pillar II bonds. The interest cost of ELA funding
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