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  1. The main economic challenges that will define the Mitsotakis reign

    Agora

    and 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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  2. Newsletter 51 - 12/11/2015

    Newsletters

    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

    14%
  3. Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    as 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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  4. Deadline for liberalisation of household and SME NPLs looms closer

    Economy

    corporates 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

    14%
  5. Banks and government inching towards new framework to protect primary homes

    EconomyProgramme

    Talks 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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  6. Foreclosure bill undergoing final adjustments to satisfy creditors

    EconomyProgramme

    by 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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  7. Lenders deem second post-MoU review over, Athens waits for debt relief
    Photo by MacroPolis

    EconomyProgramme

    was 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

    14%
  8. Eurogroup approves SMP and ANFA profit release, decision on investment use postponed

    EconomyProgramme

    reference 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

    14%
  9. Pension bill to be unveiled as govt prepared for fifth post-MoU review
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of 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

    14%
  10. ND to unveil more economic support as coronavirus restrictions are extended
    Photo by MacroPolis

    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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