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Athens adjusts foreclosure framework, waits for lenders to give green light
The Greek government is hoping to table in Parliament early next week the new bill for the protection of primary residences from foreclosures after another round of talks with local bankers on Thursday.
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Tweaks to proposal on protection of main homes likely to be needed
It appears that the Greek government still has work ahead of it to refine the proposal for the protection of primary residences as the institutions have a number of objections.
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EU officials suggest frantic days ahead for Athens until March 11 Eurogroup
Comments made to Reuters by European officials regarding the possibility of eurozone finance ministers delaying a decision to disburse up to 750 million euros to Greece on March 11 have raised concerns in Athens, where the Finance Ministry is waiting for a response from Brussels to its proposal for a new scheme to protect primary residences from foreclosure.
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Athens prepares new primary residences proposal after finding common ground with banks
The 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.
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Banks and government inching towards new framework to protect primary homes
Talks between banks and the Greek government on the primary residence protection framework are due to continue this week, with the latter being left under no illusions by its European lenders that it will have to move quickly on this and a number of other issues over the next few weeks if the March 11 Eurogroup is to give the green light for further debt relief measures.
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Primary residences and lignite units top agenda ahead of Eurogroup
Although Greece is not on the agenda for Monday’s Eurogroup, the meeting will provide Finance Minister Euclid Tsakalotos with the chance to discuss with the country’s lenders a range of issues related to the post-bailout commitments the government has to complete.
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Athens moves quickly to scrap pension cuts as Eurogroup inches forward on euro reform
The Greek government wasted no time following the conclusion of the Eurogroup on Tuesday, as it submitted to Parliament draft legislation that will lead to the pension cuts that had been lined up for next year being cancelled.
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After 2019 budget, lenders turn attention to Greek post-MoU reform tasks
Greece is not expected to feature prominently at Monday’s Eurogroup but eurozone finance ministers are expected to give the 2019 budget the final green light and urge Athens to quickly shift its attention to the 16 post-programme actions that have to be completed by February.
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Athens prepares final 2019 budget after green light to ditch pension cuts
The government is set to submit the final version of the 2019 budget to Parliament on Wednesday without the pension cuts that were pre-legislated in 2017 but with the so-called “positive” measures announced by Prime Minister Alexis Tsipras at the Thessaloniki Expo in September.
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Coalition closing in on goal of cancelling pension cuts
The Greek government moved a step closer on Thursday to securing the much sought-after goal of not having to implement next year the pension cuts it committed to in 2017.