Search
-
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
12% -
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
12% -
Deadline for liberalisation of household and SME NPLs looms closer
Economycorporates and non-primary residence mortgages are allowed. The issue of consumer and SME NPLs... billion relate to primary residences. In addition, SME and sole-proprietors’ NPEs stand at around 20
12% -
Banks and government inching towards new framework to protect primary homes
EconomyProgrammeTalks between banks and the Greek government on the primary residence protection framework are due to continue this week, with the latter being left under no illusions by its European lenders.... Eurogroup An agreement on the new framework for primary residences is seen as one of the key
12% -
Foreclosure bill undergoing final adjustments to satisfy creditors
EconomyProgrammeby the borrower should be no more than double the threshold for the primary residence i.e. 500,000 euros...The government is looking to the Bank of Greece to provide its assessment of the latest version of the draft law for the protection of primary residences from foreclosure so the bill can be tabled
12% -
Lenders deem second post-MoU review over, Athens waits for debt relief
EconomyProgrammewas agreed between the Greek authorities and the institutions of a new primary residence protection... residences as collateral. At the same time, the strict eligibility criteria and the extensive
12% -
Eurogroup approves SMP and ANFA profit release, decision on investment use postponed
EconomyProgrammereference to the primary residence protection scheme. The efforts to clean up the banking system should... primary residences and further improvements in the e-auctions framework, the Eurogroup notes. The next
12% -
Pension bill to be unveiled as govt prepared for fifth post-MoU review
PoliticsGreek Politicsof primary residences, which the institutions would like to see withdrawn by April 2020. The new private insolvency code is expected to retain the principle of primary residence protection under stricter
12% -
ND to unveil more economic support as coronavirus restrictions are extended
PoliticsGreek Politics, Italy, Germany, France and Spain. He also called on the government to extend the primary residence.... Primary residences The government has been under pressure from SYRIZA, which is accusing New Democracy
12% -
Passing of insolvency law gives opposition campaigning foothold
PoliticsGreek Politicsprimary residence protection and introducing electronic auctions, while the ruling party MPs... of hypocrisy. SYRIZA MP Mariliza Xenogiannakopoulou denied that any primary residences were
12%