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Newsletter 191 -25/01/2018
scheme to protect primary residences from foreclosure and the execution of the 2018 and 2019 budgets... on the formation of a new framework to protect primary residences from foreclosure, replacing the Katseli... up to around 100,000 euros on mortgages secured against primary residences. A host of actions
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Newsletter 194 -15/02/2018
Primary residences deal secured Govt set to send proposal to institutions after finding common... The approval of the government’s plan surrounding foreclosure guidelines for primary residences is expected.... It will depend on developments until then.” However, it is thought that if the primary residences issues can
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Athens aims to wrap up legislation on foreclosures and issue 10-year bond
EconomyProgrammeresidences from foreclosure. Regardless of the progress on this issue, Greek authorities are aiming.... On the primary residences, talks with the country’s lenders appear to have led to the government.... The government is reportedly hoping to table the primary residences bill by Wednesday at the latest so
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Protection of main homes the next step in assembly of election ammunition for SYRIZA
PoliticsGreek Politicsat the April 5 Eurogroup after tabling the draft legislation for the protection of primary residences..., New Democracy and PASOK, of failing to ensure that primary residences were protected... residences was tabled shortly after SYRIZA announced another 10 candidates for the European Parliament
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Newsletter 200 -29/03/2019
introducing the new scheme to protect primary residences from foreclosure but it seems that its work.... This rises to The tabling of the draft residences legislation is a major step towards securing... to ensure that primary residences were protected. “This was not negligence, but a strategic decision
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Athens and lenders continue talks on outstanding actions, aiming to conclude by March 25
EconomyProgrammefor the protection of primary residences from foreclosure after the two sides failed to agree... of the draft legislation still being discussed are whether business loans secured against primary residences... of the residual mortgage. Apart from the primary residence framework, Greece is also expected to make
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Government makes last-minute change to main homes bill in bid to satisfy creditors
EconomyProgrammeMPs are due to approve on Friday the new framework for the protection of primary residences from... that the threshold for the balance on business loans secured against primary residences should be no higher than... residence scheme, the creditors will be satisfied that the eligibility criteria are not too generous
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Newsletter 201 -21/04/2019
for the last few weeks due to the dispute over the new framework for protecting primary residences... widened the scope by including business loans that have primary residences as collateral. At the same... was agreed between the Greek authorities and the institutions of a new primary residence protection
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Uproar over minister's home protection comments underscore sensitive nature of challenge
PoliticsGreek Politicsprotection of primary residences in any advanced economy in the world, and that the protection... debt Protection of primary residences from foreclosure is linked to the bigger issue of bad debt held... of the primary residence protection scheme in May could leave more than 150,000 borrowers without a safety
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Launch of new insolvency process may carry political significance
PoliticsGreek Politicsof the new insolvency framework, which includes an end to the protection of primary residences for most... is equally critical of the current government when households lose primary residences. Another source... the scheme’s acceptance is that it coincides with the withdrawal of protection for primary residence
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