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  1. Athens prepares new primary residences proposal after finding common ground with banks
    Photo by MacroPolis

    EconomyProgramme

    subsidy that some borrowers will receive. The government is apparently making 300 million euros available... 20,000 euros or less. The state subsidy will cover one third of their monthly mortgage repayments

    12%

  2. Athens waits for response from institutions on primary residences proposal
    Photo by MacroPolis

    EconomyProgramme

    whether a borrower is eligible for a state subsidy will be a “nightmare.” The Greek state has budgeted... is at 120 percent or more of the property’s commercial value and a state subsidy equivalent to a third

    12%

  3. EC sets out improvements Athens should make to primary residence proposal

    EconomyProgramme

    and a partial mortgage subsidy by the state based on their repayment capacity. The European Commission raises... via the subsidy. Looking ahead The Commission draws attention to the fact that as long

    12%

  4. Govt lays out recovery plan to October, launches tourism roadmap
    Photo by MacroPolis

    PoliticsGreek Politics

    -ERGASIA”, which consists of a wage subsidy co-funded by government and employers, with the aim... subsidy payment, covering all borrowers affected by the pandemic. Presenting the scheme, Development

    12%

  5. ND tweaking stimulus measures as SYRIZA flounders in Novartis backwash
    Photo by MacroPolis

    PoliticsGreek Politics

    the second stage of refunding the tax pre-payments, the subsidy for primary residence mortgages... refund is estimated at 1.4 billion euros by mid-July, the mortgage subsidy is another 400 million, SYN

    12%

  6. Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
    Photo by MacroPolis

    PoliticsGreek Politics

    , it launched a new electronic platform for mortgage subsidy applications to prevent primary residences... for nine months, although the deadline for application is at the end of September. The subsidy

    12%

  7. Concern over ICU capacity, support for business generate pressure for ND
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . Also, by the end of November the first payments from the Bridge mortgage subsidy scheme, for which... in December for the heating subsidy. Nevertheless, Greek business owners do not seem

    12%

  8. Newsletter 272 -06/11/2020

    Newsletters

    , by the end of November the first payments from the Bridge mortgage subsidy scheme, for which more than... in December for the heating subsidy. Nevertheless, Greek business owners do not seem to be impressed

    12%

  9. Piraeus Bank posts pre-tax losses of 133 mln in 9M
    Image via www.piraeusbankgroup.com

    EconomyBanking

    for the state subsidy on mortgage instalments under the Bridge programme, equal to 1.7 billion euros in loan balances. Additionally, more than 1.5 billion SME loans have received an interest rate subsidy

    12%

  10. PM announces extensive measures to build on recovery, counter inflation and put govt on track

    PoliticsGreek Politics

    for gyms and dance schools until June 2022; extending the SYN-ERGASIA work subsidy scheme until...; increasing by 20 pct the budget for the heating fuel subsidy; and reducing the levy on mobile

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