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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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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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Pension bill to be unveiled as govt prepared for fifth post-MoU review
PoliticsGreek Politicsof primary residences, which the institutions would like to see withdrawn by April 2020. The new private insolvency code is expected to retain the principle of primary residence protection under stricter
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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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