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Tweaks to proposal on protection of main homes likely to be needed
EconomyProgrammeprimary residence framework will be the March 11 Eurogroup, when Athens also hopes it will be given... for the protection of primary residences as the institutions have a number of objections. Several Greek media... or there has to be an agreement for foreclosures on primary residences to be suspended in the meantime
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Criticism of authorities' response intensifies as wildfires continue to rage
PoliticsGreek Politicsof the largest wildfires, local members of the public have been complaining on TV that firefighting resources... Finance Minister Theodoros Skylakakis told ANT-1 TV that the government has spent 1 billion euros... Michalis Chrysochoidis, meanwhile, was set upon by local leaders during a crisis meeting in Olympia
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A closer look at planned laws for unpaid taxes and home foreclosures
EconomyMacroeconomyperiod, auctions of the main residence of households below a certain income threshold, while punishing... the relevant draft bill is tabled in Parliament. Protection of primary residences With regard...) that was active for two years and expired at the end of 2014 provided for the protection of residences
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Newsletter 196 -01/03/2019
loans secured by primary residence collateral. Additionally, the new scheme creates an additional...Spotlight on pending reforms No breakthrough on primary residences as EC outlines steps ahead... residences with the institutions, which underlined this week that Athens needs to make further progress
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Newsletter 238 -07/02/2020
of things. The primary residence issue is also becoming a headache for the government as the end... protection Migration and the protection of primary residences proved two troublesome issues.... The migration issue and current legislation protecting primary residences which expires in April
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Ministry urges borrowers to apply for home protection before scheme expires
EconomyBankingto have as many borrowers covered before the current primary residence protection scheme expires... in foreclosures of primary residences, something that is deeply unpopular with the public and politically... submitted by banks to borrowers for the protection of primary residences have increased by 42 percent
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Greece and lenders far apart on foreclosures as housing NPLs keep rising
EconomyProgrammefor the protection of the primary residence with a statutory value (as set for tax purposes) up... for protection of the primary residence, while protecting the vulnerable debtor is one of the 49 prior actions
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Gov't submits reform plan that raises contributions and cuts future pensions
EconomyProgrammestands at 384 euros for 40 years of residence. For lower residence years, the national pension
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Programme review talks continue, progress on tax, pensions and NPLs at a premium
EconomyProgrammethat primary-residence backed mortgages can be exempted from NPL sales for three years. Stathakis...-residence housing NPLs was recently extended until April 15 through a legislative amendment.
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Compromise emerges on liberalisation of NPL market
EconomyProgramme-residence backed NPLs across all lending categories until the end of 2017 under certain criteria... that the sale of large corporate and non-primary residence backed mortgages has been allowed since mid
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