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  1. Launch of new insolvency process may carry political significance
    Photo by MacroPolis

    PoliticsGreek Politics

    the scheme’s acceptance is that it coincides with the withdrawal of protection for primary residence... of the new insolvency framework, which includes an end to the protection of primary residences for most... is equally critical of the current government when households lose primary residences. Another source

    9%

  2. Opposition frets over foreclosure decision as ND casts net for new faces

    PoliticsGreek Politics

    borrowers be protected from foreclosures. The issue of primary residence protection is politically... stepped 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

    9%

  3. Funding needs take centre stage in row between New Democracy and SYRIZA

    Economy

    relates to extraordinary T-Bill issues. The amount of T-Bills stood at 13 billion at the end of November. However, an extraordinary issue of 3-month T-Bills of 1.6 billion on December 10 led the current... published a press release on January 12 noting that the T-Bill amount cannot surpass the 15-billion mark

    9%

  4. Newsletter 49 - 30/10/2015

    Newsletters

    reportedly demanded that the new eligibility criteria be limited to homeowners whose residence... residences from foreclosure, VAT on private education and pharmacy ownership. On the foreclosures front

    9%

  5. Deadline for liberalisation of household and SME NPLs looms closer

    Economy

    corporates and non-primary residence mortgages are allowed. The issue of consumer and SME NPLs... billion relate to primary residences. In addition, SME and sole-proprietors’ NPEs stand at around 20

    9%

  6. Banks and government inching towards new framework to protect primary homes

    EconomyProgramme

    Talks between banks and the Greek government on the primary residence protection framework are due to continue this week, with the latter being left under no illusions by its European lenders.... Eurogroup An agreement on the new framework for primary residences is seen as one of the key

    9%

  7. Foreclosure bill undergoing final adjustments to satisfy creditors

    EconomyProgramme

    by the borrower should be no more than double the threshold for the primary residence i.e. 500,000 euros...The government is looking to the Bank of Greece to provide its assessment of the latest version of the draft law for the protection of primary residences from foreclosure so the bill can be tabled

    9%

  8. Lenders deem second post-MoU review over, Athens waits for debt relief
    Photo by MacroPolis

    EconomyProgramme

    was agreed between the Greek authorities and the institutions of a new primary residence protection... residences as collateral. At the same time, the strict eligibility criteria and the extensive

    9%

  9. Eurogroup approves SMP and ANFA profit release, decision on investment use postponed

    EconomyProgramme

    reference to the primary residence protection scheme. The efforts to clean up the banking system should... primary residences and further improvements in the e-auctions framework, the Eurogroup notes. The next

    9%

  10. Pension bill to be unveiled as govt prepared for fifth post-MoU review
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of primary residences, which the institutions would like to see withdrawn by April 2020. The new private insolvency code is expected to retain the principle of primary residence protection under stricter

    9%