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Newsletter 285 - 19/02/2021
extremely wealthy individual or family – to set up shop in the country. The legislation requires... of steps since December 2019 to attract foreign tax residents to the country. The ball was set rolling... the alternative framework to attract pensioners who transfer their tax residence to Greece. The government
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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... homeowners have to repay each month. It has set aside 150 million euros this year for this purpose... foreclosure is to be set will be between 100,000 and 120,000 euros. The talks are set to continue this week
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Lenders set out 49 milestones for Greece to meet before next bailout tranche
EconomyProgramme. The current set of prior actions involves: 1) Integration into the Unified Auxiliary Insurance Fund (ETEA... percent discount for energy-intensive users. After the completion of the first set of milestones, a second
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Mood sours as focus switches to next set of prior actions
PoliticsGreek PoliticsThe 2016 budget was passed relatively comfortably on Saturday, with all 153 coalition MPs voting for the economic plan, but attention is quickly shifting to the next set of prior actions that Greece.... It should be pointed out, though, that the creation of a task force to set up the new fund is one
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Athens set for 6.7 bln bailout tranche, talks on post-MoU framework
EconomyProgrammerequire ministerial decisions and are set to be settled before the European Stability Mechanism’s... a “Framework for Growth and Stability,” making use of the terms already set out for the ESM’s Precautionary
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Tsipras to set out path for new cabinet as pension discussion looms
PoliticsGreek Politicscabinet meeting will be an opportunity for the prime minister to set out his ideas for the government... will unveil a set of fiscal policies aimed at changing the mood among voters. Pension cuts Tsipras
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Lenders set to keep coalition waiting for answer on pension cuts
PoliticsGreek Politics. This meeting is set to take place in the wake of the institutions issuing their first post-programme report... of the draft budget in the Greek Parliament. The coalition looks set to be in the embarrassing
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Lenders set to highlight reform delays, leaving fiscal gap concerns until after elections
EconomyProgramme’s 3.5 percent of GDP primary surplus target is set to be challenged in the institutions’ report... made since the second enhanced surveillance report earlier this year will be set out, the latest
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Lockdown set to be extended as political friction continues
PoliticsGreek PoliticsThe government is set to play it safe and extend Covid-19 restrictions on the advice of experts as Greece battles to keep the pandemic at bay after the festive period. Kathimerini reported on Friday that the authorities are set to extend the latest, stricter lockdown for another week
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New Parliament set for fractious opening session after Mitsotakis curtain-raiser
PoliticsGreek PoliticsThe parties in Greece’s newly elected Parliament will have the opportunity to set out their agendas in the opening debate starting on Thursday, ahead of the vote of confidence scheduled for Saturday.... A series of announcements are expected along the lines of the programme set out in New Democracy’s
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