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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

The IMF crisis and how to solve it

Mon, 11 Aug 2014 09:54:00 GMT

The IMF is approaching its 70th birthday and the Greek programme has been a candidate for one... for central banks in the 1990s. Why not the Fund? Europe experienced twin crises, one in economy... for the Fund? First, the Fund broke one of its most essential rules by supporting a programme in Greece from

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

Fri, 08 Mar 2019 09:24:00 GMT

of the mortgages that qualify for this form of restructuring. One of the main benefits of the new... In the meantime, Greek authorities have moved ahead with one of the key privatisations on their to-do list... on the details of the legislation for primary residences by Friday. Speaking to journalists in Brussels

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 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

Athens ticking off prior actions one by one as EU keeps close watch

Tue, 03 Nov 2015 13:47:00 GMT

to visit Greece and check on the government’s progress in completing the tasks it has been set... actions set out in the bailout and preparing the ground for other major reforms, such as an overhaul of the pension system. One of the key issues likely to come up during Moscovici’s visit on Tuesday

Primary residence talks continue amid uncertainty about draft legislation

Fri, 22 Mar 2019 06:57:00 GMT

of 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

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

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

Mon, 27 Apr 2020 07:17:00 GMT

. It is expected that rules will be issued for the use of public transport, one of which is likely... 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

Pension reform to be one of new government's toughest challenges in next weeks

Wed, 23 Sep 2015 11:57:00 GMT

Reform of the Greek pension system will be one of the thorniest issues in the third bailout... billion euros. As a first set of prior actions for the signing of the third programme, the previous... social pensions by increasing OGA uninsured pension. A second set of deliverables by the end

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