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Insolvency bill debate brings implementation challenges to the fore
PoliticsGreek Politicsfor those who lose their primary residence. Special provisions have been included to prevent... of repurchase. SYRIZA has already labelled the bill a “tombstone on primary residence protection,” and warned... argued that the legislation does not protect primary residences but merely offers a more expensive
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Newsletter 493 - 06/02/2026
lowers the risk that a borrower will fail a court‑mandated plan and lose their primary residence... sustainability and primary residence protection over the maximisation of creditor recovery. It delivers..., typically through multi‑year repayment plans that protect primary residences. Under the law, courts
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Landmark Katseli Law ruling hits lenders, eases borrower burden
EconomyBankingthat a borrower will fail a court‑mandated plan and lose their primary residence. For households... residence protection over the maximisation of creditor recovery. It delivers immediate relief... through multi‑year repayment plans that protect primary residences. Under the law, courts set the terms
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Newsletter 81 - 08/07/2016
the ballot takes place, probably on July 20. Even if the 200 votes are not secured, one proposal... Stato Italiane, submitted a binding offer for the sale of a 100-percent stake in rail operator TRAINOSE, while there were no binding offers Italy's Ferrovie was the only company to submit a binding offer
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Move to unite centre left takes next step but potential in doubt
PoliticsGreek PoliticsAn effort to reinvigorate Greece's centre left took another step this week but doubts persist about whether the initiative, led by 58 personalities from various walks of life, will be able to have a lasting impact. Members of the initiative, including a...
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Greece takes on EU presidency and some significant challenges with it
PoliticsGreek PoliticsA series of events in Athens on Wednesday marked Greece officially taking its turn at the helm of the European Union, a task that is certain to prove a challenge alongside the government’s other domestic and international challenges, which include tryin...
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Sudden jump in unpaid taxes last month takes total to almost 70 bln
EconomyMacroeconomyThe rate of increase in Greece’s unpaid taxes significantly accelerated to 1.42 billion in August from around 1 billion in the preceding two months, according to data provided by the General Secretariat of Information Systems today. The August figure is...
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In decision to ally with Independent Greeks, Tsipras takes high risk option
PoliticsGreek PoliticsGreece's new prime minister, Alexis Tsipras, was sworn in on Monday after electing to form a government with right-wing Independent Greeks, raising further concern about whether the new administration will be able to negotiate successfully with Greece's...
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Tsipras takes big risk by axing public revenues chief Savvaidou
PoliticsGreek PoliticsAlexis Tsipras took a major political gamble on Thursday by forcing general secretary for public revenues Katerina Savvaidou to leave her position, despite her insistence that she would not bow to the government's demands. Following Savvaidou's refusal ...
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Athens takes steps to mend fences with Balkan neighbours
PoliticsForeign PolicyGreece is trying to find ways to restore relations with Balkan its neighbours following the recent friction caused by the refugee crisis. Athens seems to have realised that it missed an opportunity last summer, when the crisis was still unfolding and af...
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