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Newsletter 140 -17/11/2017
percent). Apartment prices fall by 0.6 in Q3 Compared to the previous quarter, apartment prices contracted... in Q2 2017, Bank of Greece (BoG) data showed. Compared to the previous quarter, apartment prices... to pose a challenge on several fronts. The drop in the nominal value of apartments in Greece eased
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Newsletter 166 -15/06/2018
to the permits rose by 11.8 percent while volume rose by 4.2 percent. Apartment prices fall by 0.1 pct.... The latest figure marks three continuous quarters during which the drop in apartment prices has remained under 1 percent. Compared to the previous quarter, apartment prices fell by 0.3 percent versus a rise
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Institutions wrap up talks with focus on NPLs, primary residences and budget
EconomyProgrammeresidences from foreclosure and the execution of the 2018 and 2019 budgets topping the agenda... framework to protect primary residences from foreclosure, replacing the Katseli law which is due... euros on mortgages secured against primary residences. Finance Minister Euclid Tsakalotos also
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Primary residences and lignite units top agenda ahead of Eurogroup
EconomyProgrammeform the framework for protecting primary residences, which will succeed the Katseli law, will take... and protecting primary residences from foreclosure. The first step will be a significant haircut... would like to set the level of protection for primary residences at 250,000 euros as long
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Tsipras makes unpopular choice for president, with eye on political balance
PoliticsGreek PoliticsIn a somewhat controversial choice, Prime Minister Alexis Tsipras chose former Interior Minister Prokopis Pavlopoulos as his party's presidential candidate yesterday. There was a mixed reaction... plans to push ahead with legislation to protect primary residences from foreclosures and to roll back
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Tsipras targets PM, looking to gain traction from scandals
PoliticsGreek PoliticsInterior Minister Stelios Petsas’s best man and that Justice Minister Kostas Tsiaras’s wife had, until... would introduce a new insolvency law to protect main residences, giving more rights to homeowners. He
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Newsletter 361 - 02/12/2022
terms would push elections out to at least March. Interior Minister Makis Voridis has hinted... of the new insolvency regime, there is no concrete framework to protect primary residences from
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New migration law passes amid questions over Chios tragedy
PoliticsGreek Politicsfor certain residence permits, and greater flexibility for workers to change employers. Recruitment... will receive residence permits aligned with the length of their studies, gain the right to work part... tightens the rules for those already in the country without permanent residency. Access to benefits
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Post-Covid era dawns on new landscape for bad debt in Greece
EconomyFeaturesof primary residence to the initiation of bankruptcy proceedings, providing a mechanism for borrowers... is due to come into effect in July 2021. The size of the primary residence problem has not been... to bad loans are the sole residence of a genuinely troubled borrower who will be left homeless
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Second post-MoU review hinges on NPL plan and protection for primary residences
EconomyProgramme, which protects primary residences from foreclosure. The Bank of Greece’ proposed strategy for reducing... to their implementation. Regarding the new framework for protecting primary residences, Efimerida ton Syntakton
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