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Newsletter 49 - 30/10/2015
reportedly demanded that the new eligibility criteria be limited to homeowners whose residence... residences from foreclosure, VAT on private education and pharmacy ownership. On the foreclosures front
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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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Lenders deem second post-MoU review over, Athens waits for debt relief
EconomyProgrammewas agreed between the Greek authorities and the institutions of a new primary residence protection... residences as collateral. At the same time, the strict eligibility criteria and the extensive
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Eurogroup approves SMP and ANFA profit release, decision on investment use postponed
EconomyProgrammereference to the primary residence protection scheme. The efforts to clean up the banking system should... primary residences and further improvements in the e-auctions framework, the Eurogroup notes. The next
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Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
EconomyProgrammehas yet to grow. Following the lapsing of the primary residence protection scheme at the end...-judicial settlements. The report highlights that the current scheme that protects primary residences via
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ND to unveil more economic support as coronavirus restrictions are extended
PoliticsGreek Politics, Italy, Germany, France and Spain. He also called on the government to extend the primary residence.... Primary residences The government has been under pressure from SYRIZA, which is accusing New Democracy
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Passing of insolvency law gives opposition campaigning foothold
PoliticsGreek Politicsprimary residence protection and introducing electronic auctions, while the ruling party MPs... of hypocrisy. SYRIZA MP Mariliza Xenogiannakopoulou denied that any primary residences were
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Launch of new movement highlights fragmentation of Greek centre-left
PoliticsGreek PoliticsFormer Interior Minister Yiannis Ragoussis is set to launch a new centre-left movement on Wednesday, highlighting the fragmentation in this part of the Greek political spectrum. With PASOK... to liberalise the taxi sector while he was interior, and then transport, minister between 2009 and 2011. He
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