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The key points from Greece's proposal to lenders
EconomyProgrammein order to repay the total amount in two phases: one by the end of June and the second in accordance...) Temporary suspension of the primary or sole residences in case: the objective value
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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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Coalition in last-minute legislative rush, extends helping hand to MPs
PoliticsGreek Politicsthat the coalition has chosen to delay the submission of the draft legislation in order to not heap... insisted that the properties being auctioned electronically are not primary residences. Earlier
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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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Encouragement for Tsipras ahead of key vote on name deal
PoliticsGreek Politicsto the Macedonia name deal in order to gain concessions on pension cuts from Greece’s lenders. The prime minister... for the protection of primary residences, to replace the existing Kateseli law, which is due
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Newsletter 193 -08/02/2018
in reducing bad loans in order to reach the ambitious target of an NPE ratio below 10 percent by 2021... the current Katseli law, which prevents banks from foreclosing on primary residences if borrowers
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Athens waits for green light from Eurogroup so it can settle IMF loans early
EconomyProgramme: a new 3-year bond, or re-opening the 5-year or the 7-year issue of 2018 in order to stimulate... of primary residences from foreclosure, the subject of much compromise with the institutions, Athens
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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
EconomyFeaturesin order to avoid further inflating prices. The Bank of Greece concludes that the rapid rise... the conversion of vacant commercial buildings into residences. It also stresses the need for a stable
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