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Opposition frets over foreclosure decision as ND casts net for new faces
PoliticsGreek Politicsborrowers 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
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Tsipras makes unpopular choice for president, with eye on political balance
PoliticsGreek Politicsgain strong support, as shown by recent opinion polls, and is a platform for the future... about the position but was turned down. Karamanlis still retains strong support within New... plans to push ahead with legislation to protect primary residences from foreclosures and to roll back
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Greek reform proposals set for broad approval but include some political obstacles
PoliticsGreek Politicsfive times since the start of the crisis) it will face strong opposition from within its ranks... it has put forward or whether they will be tempered by strong public support for the government... primary residences belonging to households "below a certain income threshold" from foreclosure
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Newsletter 143
percent in exports of goods and services, thanks to a strong tourism season, offsetting reductions... percent in exports of goods and services, thanks to a very strong tourism season. Compared to the same... are leading to primary residences being repossessed and sold. During Tuesday’s press briefing, government
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The main economic challenges that will define the Mitsotakis reign
Agoraand private consumption. Although his pledge has strong economic grounds, it creates significant fiscal... also has a series of big economic challenges to tackle. Strong leadership and creating... debt though sales and securitisations, out-of-court workout and the protection of primary residences
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Newsletter 51 - 12/11/2015
percent in August. The decline in the unemployment rate is attributed largely to the strong tourism... the most complicated issue to settle is the new framework for the repossession of primary residences... is aiming for an agreement that will see primary residences below an objective value of 150,000
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Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct
EconomyProgrammeas a result of strong external demand that led to net exports being the main driver of growth during... a new framework for the protection of primary residences by the end of the month. Speaking... the current Katseli law, which prevents banks from foreclosing on primary residences if borrowers cannot meet
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Deadline for liberalisation of household and SME NPLs looms closer
Economycorporates 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
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Banks and government inching towards new framework to protect primary homes
EconomyProgrammeTalks 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
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Foreclosure bill undergoing final adjustments to satisfy creditors
EconomyProgrammeby 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
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