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Opposition frets over foreclosure decision as ND casts net for new faces
PoliticsGreek Politicsstepped in with its own legislation to protect primary residences. She claimed that funds will now... residences and introduce a new legal framework regarding debt settlements. Third party PASOK also warned... borrowers be protected from foreclosures. The issue of primary residence protection is politically
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeatureslistings had been withdrawn from the market in central Athens, a decline of 17.5 percent. Although... sources claim that long-term rental prices in central Athens have dropped between 5 and 23.5 percent... with the nascent revival in the property market: the introduction of residence permits linked to property purchases
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New asylum law comes up against old failings
Agoraa new life. The centre, managed by the Central Agency for the Reception of Asylum Seekers (COA), even... to a central registration centre, Ter Appel (with a capacity of 2,000 people), where they are identified..., meaning they are rarely able to work together with the central government and other stakeholders
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ECB's negative opinion on foreclosure bill creates another obstacle in bailout talks
EconomyProgrammeThere has been no official response from the Greek coalition to the European Central Bank (ECB) publishing on April 10 its opinion on the draft law on the suspension of primary residence foreclosures... debtors in real need.” As a result, the central bank believes they create moral hazard and undermine
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New Democracy latches on to SYRIZA confusion over law and order
PoliticsGreek Politicsabout crime in some central Athens neighbourhoods, particularly the bohemian district of Exarchia... in the upmarket central Athens neighbourhood of Kolonaki that houses the Mexican embassy, among others... at detaining migrants without residence permits after being elected to lead a three-party government in 2012
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Lenders set ambitious e-auction targets for Athens
EconomyProgrammeplace in all parts of the country,” said Moscovici. The European Central Bank has repeatedly... are central to the efforts of banks to reduce the stock of bad loans. The goal to lower Non-Performing Loans... of the asset as a residence. According to the Compliance Report, “many of the disruptions have
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BoG stresses more work needed on NPE reduction, pushes bad bank idea
EconomyBankingaverage. The central bank also notes that Covid-19 is expected to further complicate matters and put... assets. The central bank argues that its proposal has several merits, as it leverages the existing... some legal protection that is pending court hearings related to primary residence protection
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Apartment prices down 9.2 pct in Q3 as lifting of foreclosure ban mulled
EconomyMacroeconomytheir housing loan instalments. The issue of lifting a temporary ban on foreclosures of primary residences... leaders Antonis Samaras and Evangelos Venizelos had agreed last August that “the primary residences
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Tsipras identifies first bills, domestic approval assured
PoliticsGreek Politicshelp him take in 2.5 billion euros by the summer. Protection of primary residences A third piece... residences from foreclosures. The prime minister said that the draft law would protect homes with a value
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Home foreclosures and refugee crisis top agenda in Greece-EU talks
PoliticsForeign Policyresidences, where Athens and the institutions find themselves a substantial distance apart... the protection for primary residences was “unacceptable” and that his government would not agree
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