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Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
PoliticsGreek Politicsto the liquidation of their assets, but those who have lost their primary residence as a result of the process... year. Vulnerable households can continue to live in their primary residence in exchange for rent... protecting primary residences from foreclosure expired at the end of July, the government came up
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Authorities turn focus back to Covid-19 compliance as latest numbers trigger concern
PoliticsGreek Politics, the subsidy starts at 80 pct and ends up to 60 pct. All previous primary residence protection regimes... the speedy clearance of cases involving the previous primary residence protection scheme, known.... Primary residences Monday also marked the launch of the new electronic platform that will accept
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Strong VAT, income tax revenue and restrained spending drive strong primary surplus in Sep
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 9.45 billion euros up to September, compared to a surplus of 8.76 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on M...
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Study sheds light on different experiences, aspirations of new and long-term migrants
Societyethnic groups: 171 Albanians with an average residence time in Greece 22 years, 202 Georgians... residence permits. In contrast, only 4 percent of Georgians acquired Greek citizenship despite being... came to Greece for economic reasons and see Greece as their long-term place of residence, whereas new
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Newsletter 198 -15/03/2019
the next day at 10:15 local time. Strong interest was evident from the onset and within the first... lenders over the details of legislation to protect primary residences from foreclosure – the key reform... for the protection of primary residences. The European Commission set out a list of changes it felt should
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The agenda of the first programme review shapes up with thorny issues
EconomyProgramme15 allowed the sale of NPLs related to large corporate loans and non primary residence mortgages. For primary residence NPLs, consumer and SME loans as well as state guaranteed loans an agreement..., including those of primary residences. In contrast, an overhaul of the tax system including an increase
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Landmark Katseli Law ruling hits lenders, eases borrower burden
EconomyBankingthat a borrower will fail a court‑mandated plan and lose their primary residence. For households... residence protection over the maximisation of creditor recovery. It delivers immediate relief... through multi‑year repayment plans that protect primary residences. Under the law, courts set the terms
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Quo vadis Germany? Sunday's elections leave many questions in need of answers
Agoraof Germany is divided in strong gains for the Social Democrats in the west and north, the conservatives have... mark a watershed moment for German politics. The 16 years of Angela Merkel’s residency in Berlin’s
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Government vows to recover embezzled subsidies in bid to stem damage from scandal
PoliticsGreek Politicscriticised the move, recalling earlier statements made by Plevris in favour of strong deterrence... minister in the government’s first term, said he intended to close all routes to legal residency
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Newfound variety helps Greek winemakers enjoy exports boost
Societyto the USA but these sales account for 13.2 percent of total revenues for Greek wine exports. Greek winemakers have shown flexibility by adapting to the new wine trends in the USA, where critics and sommeliers
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