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Athens set to press ahead with primary residence law despite differences with lenders

Wed, 20 Mar 2019 14:34:00 GMT

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

Deliberations over primary residence bill set to delay green light from Eurogroup

Fri, 08 Mar 2019 09:24:00 GMT

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

Disbursement delayed until April as lenders wait for primary residence law to be settled

Mon, 11 Mar 2019 18:52:00 GMT

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

EC sets out improvements Athens should make to primary residence proposal

Fri, 01 Mar 2019 07:13:00 GMT

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... loans secured by primary residence collateral. Additionally, the new scheme creates an additional

Primary residence talks continue amid uncertainty about draft legislation

Fri, 22 Mar 2019 06:57:00 GMT

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

Changes to primary residence protection proposed in bid to draw more applications

Tue, 05 Nov 2019 13:26:00 GMT

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

Mitsotakis to set out lockdown relaxation plan as ND scales back economic support

Mon, 27 Apr 2020 07:17:00 GMT

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

Athens waits for response from institutions on primary residences proposal

Mon, 18 Feb 2019 08:39:00 GMT

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

Main residence draft law shows signs of compromise in several areas

Wed, 27 Mar 2019 07:40:00 GMT

level of deposits to be set at 65,000 euros and for the immobile assets to have a maximum value...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. The details

The IMF crisis and how to solve it

Mon, 11 Aug 2014 09:54:00 GMT

set up when monetary policy credibility was at a low ebb; a strong analogy with the Fund. Now is the perfect time for the Fund to open up its kitchen and show the world the ingredients that go... that institutional biases are being tackled is to open up its kitchen to public scrutiny. Fund staff and real