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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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Newsletter 73 - 13/05/2016
on primary residences with a property value up to 140,000 euros until the end of 2017..., but the protection offered to those with primary residences that have a taxable value of up to 140,000 euros
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Newsletter 74 - 20/05/2016
market means that NPLs could be sold by banks, with the exception of mortgages on primary residences... prevents any repossession of primary residences with an “objective” property valuation of up
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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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Fresh reminder about pending reforms for Athens, which remains confident on goals
EconomyProgramme” increase in the minimum wage, if the new framework for protection of primary residences (i.e.... of primary residences should be trimmed or remain as they are in the meantime. Reports also suggested
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Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct
EconomyProgrammea new framework for the protection of primary residences by the end of the month. Speaking... the current Katseli law, which prevents banks from foreclosing on primary residences if borrowers cannot meet
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Government and banks reach deal over new scheme to protect main homes
EconomyProgrammeThe government and Greece’s bankers appear to have reached an agreement on the framework to protect 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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Censure motion voted down, prompting government and opposition to claim victory
PoliticsGreek Politics-disguised attempt to allow Greek banks to snatch primary residences from the hands of borrowers who have... the way of the protection of primary residences, initially put in place in 2010 in the form
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