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Athens waits for response from institutions on primary residences proposal
EconomyProgrammewhether a borrower is eligible for a state subsidy will be a “nightmare.” The Greek state has budgeted... is at 120 percent or more of the property’s commercial value and a state subsidy equivalent to a third
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EC sets out improvements Athens should make to primary residence proposal
EconomyProgrammeand a partial mortgage subsidy by the state based on their repayment capacity. The European Commission raises... via the subsidy. Looking ahead The Commission draws attention to the fact that as long
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Govt lays out recovery plan to October, launches tourism roadmap
PoliticsGreek Politics-ERGASIA”, which consists of a wage subsidy co-funded by government and employers, with the aim... subsidy payment, covering all borrowers affected by the pandemic. Presenting the scheme, Development
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ND tweaking stimulus measures as SYRIZA flounders in Novartis backwash
PoliticsGreek Politicsthe second stage of refunding the tax pre-payments, the subsidy for primary residence mortgages... refund is estimated at 1.4 billion euros by mid-July, the mortgage subsidy is another 400 million, SYN
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Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
PoliticsGreek Politics, it launched a new electronic platform for mortgage subsidy applications to prevent primary residences... for nine months, although the deadline for application is at the end of September. The subsidy
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Concern over ICU capacity, support for business generate pressure for ND
PoliticsGreek Politics. Also, by the end of November the first payments from the Bridge mortgage subsidy scheme, for which... in December for the heating subsidy. Nevertheless, Greek business owners do not seem
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Newsletter 272 -06/11/2020
, by the end of November the first payments from the Bridge mortgage subsidy scheme, for which more than... in December for the heating subsidy. Nevertheless, Greek business owners do not seem to be impressed
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Piraeus Bank posts pre-tax losses of 133 mln in 9M
EconomyBankingfor the state subsidy on mortgage instalments under the Bridge programme, equal to 1.7 billion euros in loan balances. Additionally, more than 1.5 billion SME loans have received an interest rate subsidy
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PM announces extensive measures to build on recovery, counter inflation and put govt on track
PoliticsGreek Politicsfor gyms and dance schools until June 2022; extending the SYN-ERGASIA work subsidy scheme until...; increasing by 20 pct the budget for the heating fuel subsidy; and reducing the levy on mobile
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Govt offers more energy subsidies in Jan to cushion impact of high prices
PoliticsGreek Politicsfor January will reach 395 million euros, according to the minister. New Democracy had launched a subsidy...-term subsidy scheme that would be linked to energy prices on the international market. However
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