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Greece and lenders seen making progress on privatisation fund but not on NPLs
EconomyProgramme. It is not clear at the moment which would be the revenue target over a 30-year horizon, which was initially set... sales for three years of mortgages backed by primary residences. Greek authorities and the mission
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New rules on sale of NPLs come into play after approval of omnibus bill
EconomyProgramme. The minimum required capital of those companies is set at 100,000 euros, which increases to 4.5 million... from sale until the end of 2017 loans secured by primary residences with an objective (used for tax
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Eurogroup sets conditions for disbursements totalling 10.3 bln to take place
EconomyProgrammeof the total set of milestones will unlock the disbursement of 10.3 billion euros in two tranches... that would be excluded until the end of 2017 are only those secured by primary residences
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SYRIZA seeks to renew appeal, worries about home repossessions
PoliticsGreek Politicsto consist of an attempt by the prime minister to set out how the government plans to lead the country... that no primary residences are being confiscated, just properties belonging to large debtors
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Opposition keeps spotlight on arms deal as coalition looks for way out
PoliticsGreek Politicsto the left of SYRIZA, including Popular Unity and Sailing for Freedom, which were set up... are not at risk. He argued that the Katseli Law passed in 2010 protects 70 percent of main residences
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Merkel backing for name deal overshadowed by coalition leaders' crucial talks
PoliticsGreek Politics, it would mean that there would be no pressure on the prime minister to set in motion the process... legislation, such as the new framework for protecting main residences from foreclosure, before
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Newsletter 193 -08/02/2018
below the asking price which had been set by an independent consultant. No bids qualified... the current Katseli law, which prevents banks from foreclosing on primary residences if borrowers
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New polls indicate support for recent measures, give SYRIZA glimmer of hope
PoliticsGreek Politics(Elliniki Lysi), which set up in the wake of the protests against the Macedonia name deal, already... for protecting primary residences from foreclosure will prove equally popular ahead of this year’s
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Eurobank net profits from continued operations fall by 12.2 pct in 2018
EconomyBankingwith Grivalia is set to leave Eurobank with the highest total capital ratio in Greece. P&L NII rose... in 2017. Management noted that the upcoming legislation on primary residences, if successfully
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No breakthrough in discussions over protection for main homes
EconomyProgramme20,000 euros, which is substantially lower than the 65,000-euro threshold set by the government...Monday’s meeting of the Euro Working Group (EWG) did not see any breakthrough in the talks between the Greek government and its lenders over the new framework for the protection of primary residences
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