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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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Primary residences back in focus as Athens waits for recovery fund decision
PoliticsGreek Politicsis ready by June 1, even more significant for Athens. Primary residences Another important... that will purchase and lease back primary residences. They have reportedly asked for more data and might... regarding the coronavirus recovery fund, there is growing attention on the primary residence
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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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Apartment prices fall at slightly slower pace of 5 percent in Q1
EconomyMacroeconomyThe drop in Greek apartment prices slightly decelerated for the second straight quarter in Q1, when... successive quarters, since Q1 2009. Apartment prices also eased quarter on quarter (QoQ) for the 20th... percent QoQ and 4.6 percent YoY. In absolute terms, the index of apartment prices slipped to a new record
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Apartment prices drop by 2.7 pct in Q2, slowest rate since Q1 2010
EconomyMacroeconomyApartment prices in Greece continued heading south, but at a decelerating pace, for the third... represents the slowest rate of fall since Q1 2010. Compared to the previous quarter, apartment prices... the further decline in Q2, the apartment prices index fell to a new low of 59.6, which indicates a nosedive
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Athens waits for response from institutions on primary residences proposal
EconomyProgrammeJune of primary residences belonging to borrowers who might be eligible for the new protection... and it applies to mortgages or business loans secured against primary residences the turned red... to 130,000 euros, an assessed main residence value of up to 250,000 euros and an annual household
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Ankara tension tops govt agenda, overshadowing social dividend and primary residences
PoliticsGreek Politicshis brief premiership. Social dividend & primary residences Last week finished on somewhat of a high... time in office, where it has to oversee the repossession of primary residences. The protection... at extending the primary residence protection scheme, which is due to expire at the end of the year, until
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Apartment prices up by 2.5 pct in Q4 and 1.5 pct in 2018 as property recovery solidifies
EconomyMacroeconomy, apartment prices rose by 0.7 percent, which represents a very slight deceleration compared to the quarter... percent, respectively. Apartment prices in Greece began to decline in the first quarter of 2009... percent in 2013. The sharpest quarterly rate of decline was seen in Q4 2012, when apartment prices
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Apartment prices up by 4 pct in Q1 for highest increase since 2007
EconomyMacroeconomyquarter of YoY property price increases. Compared to the previous quarter, apartment prices rose..., respectively. Apartment prices in Greece began to decline in the first quarter of 2009... percent in 2013. The sharpest quarterly rate of decline was seen in Q4 2012, when apartment prices
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