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High expectations and landmarks on road to privatisations in 2018
EconomyProgrammein which HCAP is a majority shareholder, the review by HCAP of the boards of ELTA and OASA as well
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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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Deadly collision throws spotlight on government’s migration policy
PoliticsGreek Politicsapplications, or enable access to the tax and social security systems for those with legal residence... on migration, as the government introduces legislation restricting access to legal residency. A row... bill The deaths add to tensions over the government’s proposals to restrict access to legal residency
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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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Newsletter 246 -03/04/2020
to enjoy strong support for the way it is handling the coronavirus crisis. An opinion poll... strong 2019 The OECD published on Monday a report that evaluates the initial impact on economic activity.... In the governor's annual report, BoG analysts said that 2019 was a strong year for the Greek real
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Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct
Economyto 622 million, slightly above the 611 million target. One of the first interventions announced
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Reported widening of revenue shortfall in Feb as liquidity worries persist
Economyin January and stood at 622 million, slightly above target of 611 million. Lower income from
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