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Newsletter 361 - 02/12/2022
rate currently stands at 1.5 pct, marking the fastest policy tightening the eurozone’s central bank... of the new insolvency regime, there is no concrete framework to protect primary residences from
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Mitsotakis delivers major tax-cut package as he seeks to stay course for another term
PoliticsGreek Politics% for higher incomes. ENFIA on primary residences in villages with less than 1,500 inhabitants will be reduced... noting, for instance, that there was a large protest in central Athens at the same time as the PM’s
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Mitsotakis sets stage for TIF with barrage of good news, PASOK offers relief for debtors
PoliticsGreek Politicsfor primary residences, long‑term repayment schemes of up to 35 years, a new 120‑instalment plan for debts... than appearing as a direct continuation of SYRIZA. A central question is whether former SYRIZA MPs who
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IMF consultation report pinpoints health of Greek banks as central to growth
EconomyBankingis abused to avoid auctions at the last minute. The Fund reiterates that the primary residence protection
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Tsipras looks forward and puts emphasis on growth, MoU exit
PoliticsGreek Politicscentral themes linked to this idea were the swift conclusion of the third review and attracting... indebted households from losing their primary residencies. Tsipras also announced plans to launch a scheme
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Tweaks to proposal on protection of main homes likely to be needed
EconomyProgrammefor the protection of primary residences as the institutions have a number of objections. Several Greek media... or there has to be an agreement for foreclosures on primary residences to be suspended in the meantime... loans that have been secured against primary residences. The newspaper claims that the lenders also
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Newsletter 198 -15/03/2019
lenders over the details of legislation to protect primary residences from foreclosure – the key reform... for the protection of primary residences. The European Commission set out a list of changes it felt should... to an agreement on the legislation for the protection of primary residences. Nevertheless, there was some
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Post-Covid era dawns on new landscape for bad debt in Greece
EconomyFeaturesto the introduction of a number of ad hoc safeguards. Borrowers’ primary residences were protected... as protected primary residences – residences belonging to households deemed by the law... of primary residence to the initiation of bankruptcy proceedings, providing a mechanism for borrowers
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Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow
EconomyMacroeconomyloans by 2.07 billion and EFSF/ESM/IMF loans’ redemptions of 611 million. The gross debt structure
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Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct
Economyto 622 million, slightly above the 611 million target. One of the first interventions announced
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