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Bailout review resumes in Athens but substantial gap remains
PoliticsGreek Politicspaid amount and the one that would result from the recalculation) that would be guaranteed for a 3-year... in Parliament an amendment extending the moratorium on the sale of consumer, SME and primary residence non-performing loans (NPLs) by one month to April 15. The next meeting with Tsakalotos
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Internal and external difficulties with measures expose coalition's weaknesses
PoliticsGreek Politicswith the institutions, particularly on the issue of primary residence foreclosures. It appears... have mentioned before, the foreclosures issue is a particularly sensitive one for the government... (DIMAR) and was one of the few non-SYRIZA officials in the previous government.
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Greece, lenders reach deal to secure bailout sub-tranche and bank recap funds
EconomyProgrammeresidence with an objective (not commercial) property value up to 300,000 euros for singles, 375,000... by one of three measures. He said one of these would be a tax of 0.30 euros on each bottle of wine
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Gov't submits multi-bill to pave way for next bailout tranches
EconomyProgramme, the government is introducing a new tax of 0.30 euros per 750 ml (i.e. one bottle) of wine... and the property has to be the primary or sole residence. In addition, an independent assessor... after an instalment is past due is to be gradually reduced to one day by the end of 2016. In addition
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First days of talks confirm gap between Greece, lenders on pensions
PoliticsGreek Politicsdifferent tax scales, one for salary-earners and pensioners and another for self-employed. Currently... agreed with the mission chiefs on Tuesday to extend the exclusion of primary residence, consumer and SME bad loan sales by one month until March 15. The first phase of negotiations
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Gov't unveils bill to overhaul pension system, increase income tax revenues
EconomyProgrammediscussions with the mission chiefs. Pension reform One of the main interventions that the reform bill... a minimum of 40 years residence in Greece. A lower amount of 346 euros is granted for a minimum of 15... percent for 2018, which gradually increases up to 20 percent, fully applied from 2022. One key
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Government looks to review visit for nod on tax package
EconomyProgrammeto the government’s determination to deliver on its promises of tax relief. One of the finance ministry’s... 22 to 9 percent for incomes up to 10,000 and cutting marginal tax rates by one percentage point... court cases created by the Katseli law, progress on primary residence protection
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Govt delivers diaspora vote, leads polls but receives Hellinikon complaint
PoliticsGreek Politicsin national elections from their country of residence as a new wide-ranging opinion poll indicates New... by complaints about the troubled Hellinkon development after one of the potential investors claimed... licence at the Hellinikon development in southern Athens. Hard Rock is one of the two firms bidding
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Newsletter 232 -13/12/2019
billion are already denounced. Roughly 8.9 billion euros of NPEs are past due one year. Of the NPE... abroad to vote in national elections from their country of residence as a new wide-ranging opinion... instrument, attracting more than one billion euros in offers for a 375 million auction, and a yield
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Waiting for Eurogroup outcome, ND and SYRIZA focus on economic interventions
PoliticsGreek Politicsto provide a combination of loans for businesses and employment support. One of the issues... in the coming days for the primary residence protection scheme, which was due to expire at the end of April... at such a relatively low level is one of the factors that is thought to have led to the government experiencing
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