Search
-
Lending to corporations drives credit expansion of 3.8 pct YoY in Feb
EconomyMacroeconomyat 65.75 billion euros. Credit to insurance corporations showed a net monthly inflow of 325 million euros
13% -
Strong demand for 30-year benchmark bond, yield of 4.24 pct double 2021 rate
Economyorderbook at 33 billion euros by midday. The strong demand was reflected in the 325 participating
13% -
Current account deficit continues to grow, reaching 6.84 bln up to Apr
EconomyMacroeconomyas the oil balance reached a deficit of 518.9 million euros, from 325 million euros last year. The balance
13% -
Budget underspend carries on in Oct as taxes continue to outperform
EconomyMacroeconomyby 325 million. Last year, interest payments were 7.45 billion euros in the same period. PIB Public
13% -
The agenda of the first programme review shapes up with thorny issues
EconomyProgramme15 allowed the sale of NPLs related to large corporate loans and non primary residence mortgages. For primary residence NPLs, consumer and SME loans as well as state guaranteed loans an agreement..., including those of primary residences. In contrast, an overhaul of the tax system including an increase
13% -
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
13% -
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
13% -
As coalition prepares first draft laws, Tsipras may avoid Parliament vote on extension
PoliticsGreek Politicstold Skai TV that the extension of the loan agreement simply involved the “change of a date... first interview on Greek television since becoming finance minister, Yanis Varoufakis told Ant-1 TV... for non-performing loans and the protection of primary residences from foreclosures. The government also
12% -
Newsletter 189 -11/01/2018
as the Defence Minister had arranged to take part in a TV interview on Wednesday night, shortly after the prime... interview on Open TV on Wednesday night. In his interview, Tsipras explained what the implications..., adopting a new framework for the protection of primary residences to replace the Katseli law
12% -
SYRIZA lines up more relief measures to entice voters
PoliticsGreek Politicsto 120 instalments. In an interview with Open TV on Tuesday night, Labour Minister Efi Achtsioglou... opinion polls currently suggest. Tax-free treshold Similarly, the prime minister pledged in a TV... in the minimum wage, the new scheme for the protection of primary residences and the backpay awarded
12%