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Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct
EconomyProgrammea new framework for the protection of primary residences by the end of the month. Speaking... the current Katseli law, which prevents banks from foreclosing on primary residences if borrowers cannot meet
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Government and banks reach deal over new scheme to protect main homes
EconomyProgrammeThe government and Greece’s bankers appear to have reached an agreement on the framework to protect primary residences from foreclosure when the extension to the Katseli law runs out at the end... umbrella business loans that have been secured against primary residences, which was not the case
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Censure motion voted down, prompting government and opposition to claim victory
PoliticsGreek Politics-disguised attempt to allow Greek banks to snatch primary residences from the hands of borrowers who have... the way of the protection of primary residences, initially put in place in 2010 in the form
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Newsletter 271 -30/10/2020
-disguised attempt to allow Greek banks to snatch primary residences from the hands of borrowers who... paved the way for the protection of primary residences, initially put in place in 2010 in the form
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Growing Covid threat foils government's attempt to look ahead
PoliticsGreek Politicsforeclosures of primary residences owned by families under financial pressure. Auctions have resumed... include primary residences of vulnerable homes as collateral damage. So far, banks have unofficially
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Outrage at Sunak snub mixed with unease at PM's handling of Marbles talks
PoliticsGreek Politicsthe legislation on the grounds that it provides no protection for primary residences and does not require full... for debtors and a more prominent role for the state in deciding the fate of primary residences
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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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The agenda of the first programme review shapes up with thorny issues
EconomyProgramme, including those of primary residences. In contrast, an overhaul of the tax system including an increase... 15 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
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Newsletter 299 - 04/06/2021
is equally critical of the current government when households lose primary residences. Another source.... On the domestic front, the adoption of a new bankruptcy framework, including the end of primary residence... the scheme’s acceptance is that it coincides with the withdrawal of protection for primary residence
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Newsletter 493 - 06/02/2026
, typically through multi‑year repayment plans that protect primary residences. Under the law, courts... lowers the risk that a borrower will fail a court‑mandated plan and lose their primary residence... sustainability and primary residence protection over the maximisation of creditor recovery. It delivers
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