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Newsletter 143
before Christmas. productive to add the amendment to one of the imminent multi-bills related to bailout... concern within SYRIZA. Only a few months ago, it was seen as one of the most difficult aspects... quarterly NPE targets met Greece’s general government (gg) primary cash surplus amounted to 6.39
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Mortgage loans a key piece of NPL reduction puzzle
EconomyBankingThe persisting issue of non-performing loans (NPLs) was one of the key items discussed last week... that in the second quarter (Q2) of the year, Greece’s four systemic banks had met their NPL reduction... at the start of September, the European Central Bank’s Governing Council member Benoit Coeure said that one
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Government and banks reach deal over new scheme to protect main homes
EconomyProgrammethe institutions as it will mean that one of the biggest post-bailout commitments has been met... primary residences from foreclosure when the extension to the Katseli law runs out at the end... umbrella business loans that have been secured against primary residences, which was not the case
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Outrage at Sunak snub mixed with unease at PM's handling of Marbles talks
PoliticsGreek Politicsthe situation in Gaza, Ukraine, climate change and migration. The prime minister also met the Labour leader..., it continues to be a sensitive political subject and one that the government is keen to keep... the legislation on the grounds that it provides no protection for primary residences and does not require full
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Pension bill to be unveiled as govt prepared for fifth post-MoU review
PoliticsGreek Politicsinsolvency code will be one of the top items on the agenda for the talks between the institutions... insolvency code is expected to retain the principle of primary residence protection under stricter... to include two scenarios, one with the existing primary surplus targets and one with reduced targets
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Greece aiming to complete post-bailout monitoring this summer
PoliticsGreek Politicsand primary residence foreclosures. Regarding the issue of protection of primary residences, the Greek...As a cold snap gripped Greece on Monday, the government had more than one reason to look towards... to bundle the remaining SMP and ANFA profits into one 1.5 billion euros disbursement in the summer
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Uproar over minister's home protection comments underscore sensitive nature of challenge
PoliticsGreek Politicsby Greece’s banks, which is seen as one of the main obstacles to growth in the post-MoU era... of the primary residence protection scheme in May could leave more than 150,000 borrowers without a safety... protection of primary residences in any advanced economy in the world, and that the protection
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Bailout talks resume with key issues pending and contingency measures emerging
EconomyProgrammeare not met, the non-paper notes that the government has not accepted such a proposal and its stance.... In contrast, the government aims for a moratorium on primary residence backed housing NPLs for 1-3 years
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Newsletter 302 - 18/06/2021
for the education system, which largely focus on school governance, have also met with strong... losses, privatisation of pensions, bankruptcies without primary residence protection, and fewer
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What will it take to reverse the Greek 'brain drain'?
SocietyOne of the more worrying outcomes of Greece’s financial crisis and prolonged recession is the so... of crisis-era emigrants were university graduates, and one third of those held postgraduate degrees... backgrounds have proved more “sticky” in their new countries of residence. This underlines the fact
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