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  1. EC sets out improvements Athens should make to primary residence proposal

    EconomyProgramme

    framework. During this two-month extension, a new scheme was set out. Its main principle is to offer..., which is reported to be 250,000 euros, the outstanding amount of the loan, set at 130,000 euros... of the property value, lower interest rates with a 2 percentage points (pps) premium over Euribor

    100%

  2. Athens set to press ahead with primary residence law despite differences with lenders
    Photo by MacroPolis

    EconomyProgramme

    The Greek government appears set to table in Parliament on Friday the draft law for the new... has seen the new primary residence framework, which is due to succeed the Katseli law that expired... should not be eligible. The government had set the limit at 65,000 euros. The scheme would cover up

    93%

  3. Deliberations over primary residence bill set to delay green light from Eurogroup
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    on the details of the legislation for primary residences by Friday. Speaking to journalists in Brussels... 2 billion euros is linked to business loans that were backed by primary residences. It is thought

    69%

  4. Disbursement delayed until April as lenders wait for primary residence law to be settled
    Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

    EconomyProgramme

    the government and the institutions over the new primary residence framework are holding up the green light... Commission set out a list of changes it felt should be made when the last enhanced surveillance report... president Valdis Dombrovskis also said there had been significant progress on the primary residence

    58%

  5. Programme review talks continue, progress on tax, pensions and NPLs at a premium
    Photo by MacroPolis

    EconomyProgramme

    . This ceiling was reportedly set at 500,000 euros for SME loans, at 250,000 euros for loans to self... that primary-residence backed mortgages can be exempted from NPL sales for three years. Stathakis...-residence housing NPLs was recently extended until April 15 through a legislative amendment.

    55%

  6. Primary residence talks continue amid uncertainty about draft legislation
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    The Greek government remained in discussions with the institutions on Thursday over the details of the primary residence framework amid concerns that Athens is set to act unilaterally and table... against primary residences that the government would like to be included in the new framework. According

    47%

  7. Changes to primary residence protection proposed in bid to draw more applications
    Photo by MacroPolis

    EconomyFeatures

    area to their main residence to apply for protection. This concession covers mainly those who live... application process for the protection of a primary residence. The data showed that 44,446 users... for homeowners to settle their debts and protect their residence from repossession. Benefits Around 100,000

    42%

  8. Newsletter 197 -8/03/2019

    Newsletters

    Foreclosure hurdle not cleared yet Primary residence dicussions continuing as hopes of Eurogroup... the ceiling would be set at 65,000 euros. According to reports this week, the institutions want... by the borrower should be no more than double the threshold for the primary residence i.e. 500,000

    42%

  9. Mitsotakis to set out lockdown relaxation plan as ND scales back economic support
    Photo by MacroPolis

    PoliticsGreek Politics

    on the primary residence protection programme, which is due to expire at the end of the month... not rule out the possibility of the government extending the primary residence scheme without... opposition party claims that two of the seven platforms used for the e-learning programme were set up after

    38%

  10. Athens waits for response from institutions on primary residences proposal
    Photo by MacroPolis

    EconomyProgramme

    to 130,000 euros, an assessed main residence value of up to 250,000 euros and an annual household... if that is sooner, the interest set at Euribor +2 percent, a haircut if the remainder of the mortgage... June of primary residences belonging to borrowers who might be eligible for the new protection

    32%