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Primary residences back in focus as Athens waits for recovery fund decision
PoliticsGreek Politicsis ready by June 1, even more significant for Athens. Primary residences Another important... that will purchase and lease back primary residences. They have reportedly asked for more data and might... regarding the coronavirus recovery fund, there is growing attention on the primary residence
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Institutions wrap up talks with focus on NPLs, primary residences and budget
EconomyProgrammeresidences from foreclosure and the execution of the 2018 and 2019 budgets topping the agenda... framework to protect primary residences from foreclosure, replacing the Katseli law which is due... euros on mortgages secured against primary residences. Finance Minister Euclid Tsakalotos also
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Primary residences and lignite units top agenda ahead of Eurogroup
EconomyProgrammeform 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... would like to set the level of protection for primary residences at 250,000 euros as long
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Athens waits for response from institutions on primary residences proposal
EconomyProgrammeJune of primary residences belonging to borrowers who might be eligible for the new protection... and it applies to mortgages or business loans secured against primary residences the turned red... to 130,000 euros, an assessed main residence value of up to 250,000 euros and an annual household
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Government move over primary residences raises questions
PoliticsGreek Politicsof primary residences will be submitted to Parliament on Friday without there necessarily being... in 2018” and that focus is on primary residences. “Reaching a balanced agreement on this draft law... the institutions and force their hand over the primary residence issue. The government seems to think
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Ankara tension tops govt agenda, overshadowing social dividend and primary residences
PoliticsGreek Politicshis brief premiership. Social dividend & primary residences Last week finished on somewhat of a high... time in office, where it has to oversee the repossession of primary residences. The protection... at extending the primary residence protection scheme, which is due to expire at the end of the year, until
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Second post-MoU review hinges on NPL plan and protection for primary residences
EconomyProgramme, which protects primary residences from foreclosure. The Bank of Greece’ proposed strategy for reducing... to their implementation. Regarding the new framework for protecting primary residences, Efimerida ton Syntakton
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Athens prepares new primary residences proposal after finding common ground with banks
EconomyProgrammeThe Greek government and local banks are reportedly making progress in their discussions about how to replace the Katseli law, which expires at the end of the month, with a new framework for protecting primary residences from foreclosure. The two sides appear to be moving closer to each other
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Talks on primary residences continue as bill proceeds through Parliament
EconomyProgrammeThe government’s draft law on the protection of primary residences is on the way to be adopted by Parliament but negotiations between Athens and the institutions regarding the details of the new scheme are continuing. Parliament’s Trade and Production Committee approved the amendment on Wednesday
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Changes to primary residence protection proposed in bid to draw more applications
EconomyFeaturesA bill bringing changes to the framework for the protection of primary residences was submitted.... The demand for protecting primary residences emerged as Greece hit the worst years of its financial crisis... residences. As a result, a variety of laws were enacted by various governments to stem the speed at which
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