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  1. New rules on sale of NPLs come into play after approval of omnibus bill

    EconomyProgramme

    from 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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  2. Banks focus on defining challenge of reducing NPEs
    Photo by Panayotis Tzamaros/Fosphotos

    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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  3. Newsletter 193 -08/02/2018

    Newsletters

    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

    18%

  4. Tsipras stakes claim for election win despite discouraging poll data
    Image: www.syriza.gr

    PoliticsGreek Politics

    administration would introduce legislation to protect primary residences from foreclosure, re-introduce..., negating the need for a second ballot where the winning party would be boosted by a 50-seat bonus. Tsipras..., behind ND. The winning party would need around 44 pct of the vote for a clear majority. None

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  5. Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
    Photo by MacroPolis

    PoliticsGreek Politics

    protecting 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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  6. Newsletter 207 -24/05/2019

    Newsletters

    loans secured against primary residences, to what the organisation calls “below somewhat generous... the winning margin, and not who will win.” In a speech this week, Mitsotakis argued that a convincing win... over the last few days have been somewhat mixed, with some officials hinting that the winning margin

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  7. Newsletter 370 - 17/02/2023

    Newsletters

    ) process, hoping this will narrow the possibilities of primary residences being put up for auction until... after the first ballot, seeking instead to battle it out in a second ballot, where the winning party... that SYRIZA will come second, behind ND. The winning party would need around 44 pct of the vote for a clear

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  8. NPL resolution in Italy and Greece
    Photo via Flickr https://flic.kr/p/4eCP6Y

    Agora

    that 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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  9. Opposition keeps spotlight on arms deal as coalition looks for way out
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    are 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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  10. Athens hopeful release of 970 mln will be approved at Friday's Eurogroup
    Photo via Fosphotos

    EconomyProgramme

    last 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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