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Greek pensions laid bare
Agorapaid in March with a cost of 277 million euros, which corresponds to an average supplementary pension... a large part of these cases relate to early retirement, which results in lower payouts. Another 7.2
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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeaturesproperly known as the “Residence Permit for Investment Activity in Greece”, gives investors and their immediate family a five-year residence permit. To qualify, under Law 4251/2014, applicants must buy... European country. Holders of the residence permit have a right, but not an obligation, to reside
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Govt takes up fiscal requests with EU as pressure over min wage, main homes mounts
Politics, the institutions also have their mind on other matters, including the primary residence protection... payment culture in Greece. However, the primary residence issue is becoming a greater headache... policies. Three requests relate to things that can happen from this year: Not including around 200 mln
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Primary residences back in focus as Athens waits for recovery fund decision
PoliticsGreek Politicsregarding the coronavirus recovery fund, there is growing attention on the primary residence... of the primary residence scheme. The programme, which protects certain homes from repossession if owners... is ready by June 1, even more significant for Athens. Primary residences Another important
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The agenda of the first programme review shapes up with thorny issues
EconomyProgramme15 allowed the sale of NPLs related to large corporate loans and non primary residence mortgages. For primary residence NPLs, consumer and SME loans as well as state guaranteed loans an agreement... been voted and implemented so far mainly relate to an increase in the health care contribution
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Newsletter 49 - 30/10/2015
reportedly demanded that the new eligibility criteria be limited to homeowners whose residence... the government and the institutions. These relate to the framework for the protection of primary... in this area. Other rumoured alternative measures relate to a rise in excise tax on cigarettes
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IMF far more pessimistic than eurozone on Greek debt, urges significant relief
EconomyProgrammeof 6 percent, which is consistent with a risk-free rate of 1-1.5 percent plus a risk premium... percent by 2060. The key differences between the IMF and the European DSA relate to more optimistic
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Greek fiscal deficits and debt since 2000
Agoraadministration, destroy confidence, and raise the country risk premium. [4] It is also a fact... 2010-2020, the debt increased by 11 billion. How do these developments relate to fiscal policy
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A closer look at planned laws for unpaid taxes and home foreclosures
EconomyMacroeconomyperiod, auctions of the main residence of households below a certain income threshold, while punishing...Two of the four bills that the government plans to table in Parliament this week relate... the relevant draft bill is tabled in Parliament. Protection of primary residences With regard
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Athens waits for response from institutions on primary residences proposal
EconomyProgrammeto 130,000 euros, an assessed main residence value of up to 250,000 euros and an annual household... June 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
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