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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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BoG highlights strong year for property in 2019 but warns of Covid-19 impact in 2020
EconomyFeaturesof granted residence permits in 2019. With the temporary closure of embassies around the world, this could... so-called Golden Visa scheme, which offers residency permits for investments of 250,000 euros or over
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Newsletter 474 - 05/09/2025
for legal residence after seven years of undocumented presence, calling the previous provision “a reward... residency rights, drawing condemnation from human rights organisations and opposition parties. Migration
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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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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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