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Newsletter 238 -07/02/2020
of things. The primary residence issue is also becoming a headache for the government as the end... protection Migration and the protection of primary residences proved two troublesome issues.... The migration issue and current legislation protecting primary residences which expires in April
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Ministry urges borrowers to apply for home protection before scheme expires
EconomyBankingto have as many borrowers covered before the current primary residence protection scheme expires... in foreclosures of primary residences, something that is deeply unpopular with the public and politically... submitted by banks to borrowers for the protection of primary residences have increased by 42 percent
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Who benefits from Greece’s return to the markets?
Agoraconcerns its ability to sell T-Bills with a duration of 26 weeks. Only a day before it auctioned its five-year bond the PDMA sold over 1.3 billion euros worth of T-Bills with a yield of 3.1 percent. After the success of the five-year bond we can now expect that future T-Bill auctions will see considerable
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Greece and lenders far apart on foreclosures as housing NPLs keep rising
EconomyProgrammefor the protection of the primary residence with a statutory value (as set for tax purposes) up... for protection of the primary residence, while protecting the vulnerable debtor is one of the 49 prior actions
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Gov't submits reform plan that raises contributions and cuts future pensions
EconomyProgrammestands at 384 euros for 40 years of residence. For lower residence years, the national pension
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Programme review talks continue, progress on tax, pensions and NPLs at a premium
EconomyProgrammethat primary-residence backed mortgages can be exempted from NPL sales for three years. Stathakis...-residence housing NPLs was recently extended until April 15 through a legislative amendment.
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Compromise emerges on liberalisation of NPL market
EconomyProgramme-residence backed NPLs across all lending categories until the end of 2017 under certain criteria... that the sale of large corporate and non-primary residence backed mortgages has been allowed since mid
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During crisis, proportion of Greeks in extreme poverty has risen almost seven times to 15 pct
Society. The value of the basket varies according to the place of residence – the survey took samples in Athens..., such as the existence of dependent children in the home or whether the household owns the residence or rents
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Survey reveals working lives, job-finding trends of young Greeks
Societybe willing to change their place of residence or commute for more than an hour to attend a job. Of those who... with at least secondary education were found to be most willing to change their place of residence
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BoG data shows that overseas property investment revenue accelerated in 2018
EconomyFeaturesresidence permits had been granted as of the end of November 2018 under Greece’s Golden Visa scheme... scheme requires criminal record checks from applicants’ previous countries of residence. However
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