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What is SYRIZA planning to do with Greek banks?
Economypledged the suspension of foreclosures for primary residences worth up to 300,000 euros, which... related to increases or decreases of share capital, mergers, split-ups or winding up of banks
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New rules on sale of NPLs come into play after approval of omnibus bill
EconomyProgrammefrom sale until the end of 2017 loans secured by primary residences with an objective (used for tax... with a binding timetable on a comprehensive mechanism of effective management of private debt. In addition..., which signed a binding agreement with KKR Credit for the management of 1.2 billion corporate NPLs
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Banks focus on defining challenge of reducing NPEs
EconomyBanking, the Katseli Law that protects primary residences from foreclosure, the out-of-court workout... by Alpha Bank announcing in March that it signed a binding agreement with B2Holding group for the disposal... of NPLs by the bank to around 4 billion across 2018. Today, Piraeus expects to receive the binding offers
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Newsletter 193 -08/02/2018
the current Katseli law, which prevents banks from foreclosing on primary residences if borrowers... received one binding offer for the Melitis unit in Florina from Mytilineos which was reporte five times... in a binding offer for either unit after deciding that the structure of the deal and the share purchase
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Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
PoliticsGreek Politicsprotecting primary residences from foreclosure expired at the end of July, the government came up..., it launched a new electronic platform for mortgage subsidy applications to prevent primary residences... of primary residences which allows borrowers to rent their homes back from a holding entity and buy
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NPL resolution in Italy and Greece
Agorathat is to be voted into law by MPs this coming Sunday prevents any repossession of primary residences... lenders and necessitated an increasing amount of provisioning, thus binding up valuable capital
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Opposition keeps spotlight on arms deal as coalition looks for way out
PoliticsGreek Politicsare not at risk. He argued that the Katseli Law passed in 2010 protects 70 percent of main residences... Arabia due to its role in Yemen. On Thursday, in a non-binding vote, the European Parliament adopted
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Newsletter 189 -11/01/2018
, adopting a new framework for the protection of primary residences to replace the Katseli law... consortium, allegedly the two contenders, submitted non-binding bids which are being evaluated
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Athens hopeful release of 970 mln will be approved at Friday's Eurogroup
EconomyProgrammelast week the legislation for the creation of a new framework to protect primary residences from... a close eye on the progress being made with privatisations. Binding offers are due to be submitted
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Will Tsipras ride the waves in 2016?
Agora, including those linked to primary residences, are the most challenging issues that the Greek government.... This means finding places for thousands of people to stay in the country for several weeks at a time
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