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A closer look at planned laws for unpaid taxes and home foreclosures
EconomyMacroeconomythe relevant draft bill is tabled in Parliament. Protection of primary residences With regard...) that was active for two years and expired at the end of 2014 provided for the protection of residences... plans to protect primary residences with an objective value up to 300,000, while the household’s
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The key points from Greece's proposal to lenders
EconomyProgramme) Temporary suspension of the primary or sole residences in case: the objective value... in order to repay the total amount in two phases: one by the end of June and the second in accordance
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New Democracy seeks higher ground in escalating TV permits row
PoliticsGreek Politicsit won less than 60,000 votes (1.04 percent). Polydoras, a former public order minister and former... allowing banks to foreclose on some main residences. His relationship with the party had already
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Mortgage loans a key piece of NPL reduction puzzle
EconomyBankinginformation made known to the banks in order to identify strategic defaulters. The number of such defaulters... might be unavoidable, which could include repossessing primary residences, a move the current
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Newsletter 193 -08/02/2018
the current Katseli law, which prevents banks from foreclosing on primary residences if borrowers... in reducing bad loans in order to reach the ambitious target of an NPE ratio below 10 percent by 2021
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Athens waits for green light from Eurogroup so it can settle IMF loans early
EconomyProgrammeof primary residences from foreclosure, the subject of much compromise with the institutions, Athens...: a new 3-year bond, or re-opening the 5-year or the 7-year issue of 2018 in order to stimulate
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The main economic challenges that will define the Mitsotakis reign
Agorato attract much higher levels of FDI to increase its GDP. The new PM will have a tall order to meet his... debt though sales and securitisations, out-of-court workout and the protection of primary residences
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Famellos presents struggling SYRIZA’s case, pleads for unity among progressives
PoliticsGreek Politicsparties in order to mount a more credible challenger to the centre-right government. However, former... provisions, protection for primary residences and small businesses, and faster out-of-court procedures
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BoG provides insight into Greece’s housing affordability problem
EconomyFeaturesthe conversion of vacant commercial buildings into residences. It also stresses the need for a stable... in order to avoid further inflating prices. The Bank of Greece concludes that the rapid rise
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EU prosecutor challenges government’s narrative on corruption
PoliticsGreek Politicswhose cases ultimately land in the courts of each member state. She praised the Greek prosecutors... will tell us who is right in this,” she said. Her intervention came against a backdrop of political... and of releasing case files “in instalments”. Kövesi rejected these claims outright. She said
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