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Athens prepares new primary residences proposal after finding common ground with banks

Thu, 14 Feb 2019 08:10:00 GMT

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. The two sides appear to be moving closer to each other

Primary residences back in focus as Athens waits for recovery fund decision

Fri, 24 Apr 2020 09:05:00 GMT

is ready by June 1, even more significant for Athens. Primary residences Another important... that will purchase and lease back primary residences. They have reportedly asked for more data and might... regarding the coronavirus recovery fund, there is growing attention on the primary residence

Institutions wrap up talks with focus on NPLs, primary residences and budget

Thu, 24 Jan 2019 14:37:00 GMT

residences from foreclosure and the execution of the 2018 and 2019 budgets topping the agenda... framework to protect primary residences from foreclosure, replacing the Katseli law which is due... euros on mortgages secured against primary residences. Finance Minister Euclid Tsakalotos also

Primary residences and lignite units top agenda ahead of Eurogroup

Mon, 11 Feb 2019 08:16:00 GMT

form the framework for protecting primary residences, which will succeed the Katseli law, will take... and protecting primary residences from foreclosure. The first step will be a significant haircut... would like to set the level of protection for primary residences at 250,000 euros as long

Athens waits for response from institutions on primary residences proposal

Mon, 18 Feb 2019 08:39:00 GMT

June of primary residences belonging to borrowers who might be eligible for the new protection... and it applies to mortgages or business loans secured against primary residences the turned red... to 130,000 euros, an assessed main residence value of up to 250,000 euros and an annual household

Government move over primary residences raises questions

Thu, 21 Mar 2019 08:08:00 GMT

of primary residences will be submitted to Parliament on Friday without there necessarily being... in 2018” and that focus is on primary residences. “Reaching a balanced agreement on this draft law... the institutions and force their hand over the primary residence issue. The government seems to think

Ankara tension tops govt agenda, overshadowing social dividend and primary residences

Mon, 09 Dec 2019 09:25:00 GMT

his brief premiership. Social dividend & primary residences Last week finished on somewhat of a high... time in office, where it has to oversee the repossession of primary residences. The protection... at extending the primary residence protection scheme, which is due to expire at the end of the year, until

Second post-MoU review hinges on NPL plan and protection for primary residences

Mon, 04 Feb 2019 08:51:00 GMT

, which protects primary residences from foreclosure. The Bank of Greece’ proposed strategy for reducing... to their implementation. Regarding the new framework for protecting primary residences, Efimerida ton Syntakton

Learning the lessons of Greece's toxic decade

Tue, 31 Dec 2019 08:32:00 GMT

the negotiations with the lenders and by selecting Prokopis Pavlopoulos, the interior minister during 2004-2009... seemed like the end of the MoU era. In the meantime, SYRIZA had parted ways with the radical side

Newsletter 194 -15/02/2018

Fri, 15 Feb 2019 05:17:00 GMT

Primary residences deal secured Govt set to send proposal to institutions after finding common... The approval of the government’s plan surrounding foreclosure guidelines for primary residences is expected.... It will depend on developments until then.” However, it is thought that if the primary residences issues can