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New Year reshuffle brings more MPs into cabinet, keeps key ministers in post
PoliticsGreek Politicsthe deputy agriculture minister. Interior Minister Takis Thedorikakos has also been left out of the new... Petsas has been appointed Alternate Interior Minister, to be replaced by Christos Tarantilis... to the right” and “a party-political balancing act”. The elevation to the Interior Ministry of Makis Voridis
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University bill threatens PASOK consensus as probes launched into alleged infractions by politicians
PoliticsGreek Politicsinvestigation in the Interior Ministry, which is the suspected source of the data leak, while on Tuesday.... The Interior Ministry has denied that it provides voters’ contact information, while the chief...’s EP elections, but also because the suspicions of a data leak emerged within days of the Interior
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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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Reflections on Greece's balance of payments
Agorafor net exports (X-M>0). How does such a development emerge in reality? Well, either production (Q... with the rest of the world is the “net international investment position” or NII. It is not easy... of continuous external deficits, Greece doubled its net liabilities, in percent of GDP, to the rest
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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 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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Who benefits from Greece’s return to the markets?
Agoraconcerns its ability to sell T-Bills with a duration of 26 weeks. Only a day before it auctioned its five-year bond the PDMA sold over 1.3 billion euros worth of T-Bills with a yield of 3.1 percent. After the success of the five-year bond we can now expect that future T-Bill auctions will see considerable
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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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