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Newsletter 393 - 15/09/2023
million euros in emergency spending is set to be included in a supplementary budget. In order to meet... was at 102.2 points in Q3 2008. Old apartments - those over five years old - saw their prices increase
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Housing tops government plans for policy reset in autumn
PoliticsGreek Politicsinclude limiting holiday lets in order to free up housing stock for long-term renters are also... necessary to put their apartments on the market. Another measure being lined up is a tender process
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Newsletter 240 -21/02/2020
average maturity of the total debt fell to 20.53 years in Q4 from to 20.84 years in Q3. Apartment... in the nominal value of apartments in Greece came to 7.5 percent year-on-year (YoY) in the fourth quarter (Q4
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Athens and lenders continue talks on outstanding actions, aiming to conclude by March 25
EconomyProgrammeof the residual mortgage. Apart from the primary residence framework, Greece is also expected to make... for the protection of primary residences from foreclosure after the two sides failed to agree... of the draft legislation still being discussed are whether business loans secured against primary residences
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Government makes last-minute change to main homes bill in bid to satisfy creditors
EconomyProgrammeresidence scheme, the creditors will be satisfied that the eligibility criteria are not too generous...MPs are due to approve on Friday the new framework for the protection of primary residences from... that the threshold for the balance on business loans secured against primary residences should be no higher than
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Uproar over minister's home protection comments underscore sensitive nature of challenge
PoliticsGreek Politicsof the primary residence protection scheme in May could leave more than 150,000 borrowers without a safety... protection of primary residences in any advanced economy in the world, and that the protection... debt Protection of primary residences from foreclosure is linked to the bigger issue of bad debt held
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Launch of new insolvency process may carry political significance
PoliticsGreek Politicsthe scheme’s acceptance is that it coincides with the withdrawal of protection for primary residence... of the new insolvency framework, which includes an end to the protection of primary residences for most... is equally critical of the current government when households lose primary residences. Another source
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Opposition frets over foreclosure decision as ND casts net for new faces
PoliticsGreek Politicsborrowers be protected from foreclosures. The issue of primary residence protection is politically... stepped in with its own legislation to protect primary residences. She claimed that funds will now... residences and introduce a new legal framework regarding debt settlements. Third party PASOK also warned
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The key points from Greece's proposal to lenders
EconomyProgrammein order to repay the total amount in two phases: one by the end of June and the second in accordance...) Temporary suspension of the primary or sole residences in case: the objective value
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New Democracy seeks higher ground in escalating TV permits row
PoliticsGreek Politicsit won less than 60,000 votes (1.04 percent). Polydoras, a former public order minister and former... allowing banks to foreclose on some main residences. His relationship with the party had already
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