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Government makes last-minute change to main homes bill in bid to satisfy creditors
MPs are due to approve on Friday the new framework for the protection of primary residences from foreclosure after the government made a last-minute change on Thursday, aiming to satisfy Greece’s lenders ahead of the April 5 Eurogroup.
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Talks on primary residences continue as bill proceeds through Parliament
The 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.
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Main residence draft law shows signs of compromise in several areas
After weeks of back-and-forth with the institutions, the Greek government submitted to Parliament late on Tuesday the main part of the draft legislation relating to primary residences.
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No breakthrough in discussions over protection for main homes
Monday’s meeting of the Euro Working Group (EWG) did not see any breakthrough in the talks between the Greek government and its lenders over the new framework for the protection of primary residences.
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Primary residence talks continue amid uncertainty about draft legislation
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 the draft legislation without having found any common ground with the lenders.
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Athens and lenders continue talks on outstanding actions, aiming to conclude by March 25
Discussions between the Greek government and its European lenders are continuing with the aim of the outstanding actions from the second post-programme review being completed by March 25, when the Euro Working Group (EWG) is due to meet.
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Disbursement delayed until April as lenders wait for primary residence law to be settled
As seemed likely following the European Commission’s second enhanced surveillance report last month, Monday’s Eurogroup did not lead to the activation of the latest round of debt relief measures for Greece.
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Deliberations over primary residence bill set to delay green light from Eurogroup
The chances of Greece securing the eurozone’s approval for almost 1 billion euros in debt relief measures at Monday’s Eurogroup appear slim as Athens and the institutions had not settled on the details of the legislation for primary residences by Friday.
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Athens aims to wrap up legislation on foreclosures and issue 10-year bond
Following further discussions between the Greek government and the institutions over the weekend, Athens is hoping to submit to Parliament in the coming days the draft legislation protecting primary residences from foreclosure.
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European Commission report due to set tone for build-up to March 11 Eurogroup
The government is waiting for the European Commission to publish on Wednesday its report assessing the state of play with the reforms Greece has committed to carrying out as part of the second post-programme review.