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Newsletter 299 - 04/06/2021
. On the domestic front, the adoption of a new bankruptcy framework, including the end of primary residence... creditors, leading to a loss of assets but also future income. One factor that could work against the scheme’s acceptance is that it coincides with the withdrawal of protection for primary residence
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Newsletter 197 -8/03/2019
Foreclosure hurdle not cleared yet Primary residence dicussions continuing as hopes of Eurogroup... of their home is below 250,000 euros and they fulfil certain wealth criteria. One of those conditions... by the borrower should be no more than double the threshold for the primary residence i.e. 500,000
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Authorities turn focus back to Covid-19 compliance as latest numbers trigger concern
PoliticsGreek PoliticsGreece. In just one week, Greece recorded 472 new cases, which is 146 cases more than the cases..., the subsidy starts at 80 pct and ends up to 60 pct. All previous primary residence protection regimes... the speedy clearance of cases involving the previous primary residence protection scheme, known
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Controversial migration bill divides government factions
PoliticsGreek Politicsillegally, you only have one option, to return; you are not welcome”. The new legislation makes... persecution. Plevris also defended the decision to abolish the right to apply for legal residence... makes it easier for Greece to deport failed asylum seekers and restricts the right to residency
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Newsletter 277 -11/12/2020
PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...
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Primary residences and lignite units top agenda ahead of Eurogroup
EconomyProgrammepressure to show progress on a number of fronts. One of the key issues that has to be resolved is what form the framework for protecting primary residences, which will succeed the Katseli law, will take... and protecting primary residences from foreclosure. The first step will be a significant haircut
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Samaras and Venizelos rule out elections but can't be sure they won't happen
PoliticsGreek Politicsthat have not been arrested by suggesting they would not dare to resign en masse and create... by abusing the right of its deputies to resign their positions, it should be prevented from doing so. It is not clear if this could stand legally. With regards to the one MP that Golden Dawn has elected from
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Newsletter 493 - 06/02/2026
will fight for a one‑party government under the current electoral law and has ruled out changing... lowers the risk that a borrower will fail a court‑mandated plan and lose their primary residence... sustainability and primary residence protection over the maximisation of creditor recovery. It delivers
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BoG highlights strong year for property in 2019 but warns of Covid-19 impact in 2020
EconomyFeaturesa YoY rise of 28.5 percent. One component of foreign investment in the property market is Greece's... are shaping new conditions, with potentially significant short-term effects on the real estate market.” One... for Greece. Tourism was flagged up as one of three main channels through which the coronavirus outbreak
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Newsletter 474 - 05/09/2025
is expected to pass by October. Following the earlier announcement of a one-month rent subsidy... for legal residence after seven years of undocumented presence, calling the previous provision “a reward... only Bulgaria. The country’s labour market has been one of the most accurate indications reflecting
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