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

Tue, 05 Nov 2019 13:26:00 GMT

applications for protections not yet completed. The new law will allow those renting homes in a different 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

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

Greece's golden visa scheme brings revenues, but risks as well

Fri, 21 Sep 2018 07:59:00 GMT

properly 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

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.... Note though that the zero-deficit clause has not been implemented yet. 4) Freezing monthly... the design phase and are sufficiently concrete and quantifiable in order to be adopted. Otherwise

Newsletter 196 -01/03/2019

Fri, 01 Mar 2019 13:32:00 GMT

of Eurogroup The Greek government has yet to settle on the details of the new framework for primary... loans secured by primary residence collateral. Additionally, the new scheme creates an additional... number of design and technical details, which need to be settled so as to ensure that the scheme

What will it take to reverse the Greek 'brain drain'?

Tue, 04 Feb 2020 10:06:00 GMT

One of the more worrying outcomes of Greece’s financial crisis and prolonged recession is the so... is clearly not intended as a total solution, many have expressed misgivings over its design and its... of crisis-era emigrants were university graduates, and one third of those held postgraduate degrees

Media

Wed, 24 Dec 2014 09:25:00 GMT

Tsipras calm the Greek public? 22/06/2015 Channel 4 Greece on the edge one last time? 19/06/2015... for damages as crisis grows 31/03/2015 Financial Times The Greek reform list: the best is yet... Mitsotakis conquista la mayoría absoluta en Grecia 07/07/19 Publico Mitsotakis prepara-se para vitória

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

Main residence draft law shows signs of compromise in several areas

Wed, 27 Mar 2019 07:40:00 GMT

proposed. This was one of a series of climbdowns that Athens had to make following its detailed... of 260,000 euros. This is one of the areas where the institutions felt that the terms were far too... by the end of last year. Homeowners who have applied for protection under the Katseli law but have not yet

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

Tue, 03 Nov 2015 13:47:00 GMT

of 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