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NPL resolution in Italy and Greece
Agorais tasked with two objectives. For one, it serves as a financing institution to recapitalise weak... that is to be voted into law by MPs this coming Sunday prevents any repossession of primary residences
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Greek households spend greatest share of income on accommodation in EU
Societyranked ninth in terms of the rate of overcrowding in the population as a whole, with just over one... conventional dwellings (secondary residences and vacant housing), i.e. 35.3 percent of the total number
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Athens hopeful of clinching SLA after progress in creditor talks
EconomyProgrammethe lower rate is 9 percent rather than 14 and the higher one 17 percent rather than 24. Government... residences, depending on income criteria. The creditors want to ensure that the law is not open to abuse from
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Coalition in last-minute legislative rush, extends helping hand to MPs
PoliticsGreek Politicsaffected by the measure. They will each receive a one-off payment of between 500 and 2,100 euros... insisted that the properties being auctioned electronically are not primary residences. Earlier
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Newsletter 187 -14/12/2018
than one front. support via the so-called “positive measures.” Also, with Tsipras due to speak... framework for protection of primary residences (i.e. the successor to the Katseli law) will ensure NPL
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Lenders put spotlight back on pending reforms ahead of second post-MoU review
EconomyProgrammeto the divestment of the Public Power Corporation's lignite units were also one of the outstanding..., if the new framework for protection of primary residences (i.e. the successor to the Katseli law
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EU officials suggest frantic days ahead for Athens until March 11 Eurogroup
EconomyProgrammefor a new scheme to protect primary residences from foreclosure. One eurozone official told Reuters
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Tsipras tempted to ditch snap elections option and hold on until October
PoliticsGreek Politicsby controversial social media posts written by one of the MEP candidates chosen by SYRIZA, Myrsini Loizou, who... regarding the new framework for the protection of primary residences and has not finalised a 120-instalment
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IMF maintains outlook for economy, Athens readies scheme for unpaid taxes and contributions
EconomyProgramme. According to sources, the scheme will operate via a special platform, like the one being developed for the protection of primary residences. The system will consider liquid as well as fixed assets
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Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
EconomyFitch kept its credit rating for Greece unchanged at ‘BB-‘ with a stable outlook on Friday night. Fitch upgraded Greece in August last year. Its rating is one notch ahead of the other two leading... of primary residences could provide the tools needed to reduce the NPE stock. Fitch also notes
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