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  1. Uproar over minister's home protection comments underscore sensitive nature of challenge
    Photo by MacroPolis

    PoliticsGreek Politics

    of the primary residence protection scheme in May could leave more than 150,000 borrowers without a safety... protection of primary residences in any advanced economy in the world, and that the protection... debt Protection of primary residences from foreclosure is linked to the bigger issue of bad debt held

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  2. Launch of new insolvency process may carry political significance
    Photo by MacroPolis

    PoliticsGreek Politics

    the 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

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  3. Opposition frets over foreclosure decision as ND casts net for new faces

    PoliticsGreek Politics

    borrowers 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

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  4. Funding needs take centre stage in row between New Democracy and SYRIZA

    Economy

    relates to extraordinary T-Bill issues. The amount of T-Bills stood at 13 billion at the end of November. However, an extraordinary issue of 3-month T-Bills of 1.6 billion on December 10 led the current... published a press release on January 12 noting that the T-Bill amount cannot surpass the 15-billion mark

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  5. Tsipras delivers SYRIZA's first, tempered message of Greek election campaign
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    the policy points he set out in September during a speech at the Thessaloniki International Fair. One... the amounts that parties can borrow. Tsipras also set out his intention to crack down on the local media... primary residences and to prevent foreign funds from buying non-performing loans. Job creation SYRIZA

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  6. Amid talk of post-election alliances, parties propose changes to bailout measures

    PoliticsGreek Politics

    is that PASOK, which seems likely to be part of the next government no matter who wins, has set out five key..., PASOK leader Fofi Gennimata set out the five following demands: 1) No freeing up of mass... foreclosures on primary residences Given that PASOK could have a significant role to play after

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  7. Tsipras sets target of trouble-free bailout review so debt relief talks can begin
    SYRIZA

    PoliticsGreek Politics

    attempted to set a positive tone at their first cabinet meetings but later found it difficult to meet the targets they set. The main points Tsipras made to his ministers were: - Their performance... the settlement of non-performing loans, extending the protection of primary residences from foreclosure

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  8. Greece and lenders edge closer at Eurogroup but standby measures, debt relief not resolved yet
    Photo by EU Council Eurozone https://flic.kr/p/sspzHv

    PoliticsGreek Politics

    to legislate an extra set of specific fiscal measures now. The automatic mechanism will have... to the guidelines they set out last summer, which is that financing needs to be kept... needs to be completed. Only small loans that have primary residences as collateral will be excluded

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  9. New Democracy seeks higher ground in escalating TV permits row

    PoliticsGreek Politics

    , which set the ceiling at four) and that the cost of each permit should be the same (rather than... to escape the “decay” being caused by the current government. The stage is now set for an almighty... allowing banks to foreclose on some main residences. His relationship with the party had already

    7%

  10. Banks focus on defining challenge of reducing NPEs
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    and price that Piraeus’s Ameoba sale will receive. Auctions Domestic lenders have also set themselves... to the Bank of Greece a set of proposals for the further relaxation of capital controls. Bankers argue..., the Katseli Law that protects primary residences from foreclosure, the out-of-court workout

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