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Changes to primary residence protection proposed in bid to draw more applications
EconomyFeaturesarea to their main residence to apply for protection. This concession covers mainly those who live in a different city due to their work, plus cases where the property has more than one owner... can be protected at the request of just one of the owners. Data from the Special Secretariat
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Primary residence talks continue amid uncertainty about draft legislation
EconomyProgrammeof the primary residence framework amid concerns that Athens is set to act unilaterally and table... to Parliament this Friday. One of the key issues under discussion is the business loans secured against primary residences that the government would like to be included in the new framework. According
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Puzzling reaction to army reservists' call for government to resign
PoliticsGreek PoliticsAn unusual announcement by a little known army reservists’ group calling for the government to resign prompted an emergency late night meeting of top ministry and judicial officials on Wednesday... and Justice ministries to meet Supreme Court prosecutors, including one responsible for overseeing anti
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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeaturesproperly known as the “Residence Permit for Investment Activity in Greece”, gives investors and their immediate family a five-year residence permit. To qualify, under Law 4251/2014, applicants must buy... European country. Holders of the residence permit have a right, but not an obligation, to reside
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Athens ticking off prior actions one by one as EU keeps close watch
PoliticsGreek Politicsof the pension system. One of the key issues likely to come up during Moscovici’s visit on Tuesday... themselves some distance apart. Current legislation protects from foreclosure primary residence... for a married couple, 412,500 euros for a married couple with one child and 450,000 euros for a couple
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Disbursement delayed until April as lenders wait for primary residence law to be settled
EconomyProgrammethe government and the institutions over the new primary residence framework are holding up the green light... president Valdis Dombrovskis also said there had been significant progress on the primary residence.... In the meantime, work will have to continue on the details of the primary residence framework, which is due
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Primary residences back in focus as Athens waits for recovery fund decision
PoliticsGreek Politicsregarding the coronavirus recovery fund, there is growing attention on the primary residence..., but the size of the reserve and the way it will work are up for further discussion. One of the main... of the primary residence scheme. The programme, which protects certain homes from repossession if owners
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EC sets out improvements Athens should make to primary residence proposal
EconomyProgrammeloans secured by primary residence collateral. Additionally, the new scheme creates an additional... of Non-Performing Exposures (NPEs) from the systemic banks. The protection of primary residences under.... The Commission highlights that the protection of primary residences was unilaterally extended until the end
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Athens set to press ahead with primary residence law despite differences with lenders
EconomyProgrammehas seen the new primary residence framework, which is due to succeed the Katseli law that expired... framework governing the protection of primary residences from foreclosure without necessarily first... residences. The institutions also raised concerns about the inclusion of the second group of NPLs
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Watchdog's ruling in voter email leak prompts opposition calls for minister to resign
PoliticsGreek Politicsprotest. The social democrats argued that Kerameus should now resign. There has been no indication
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