Wednesday 20 February 2019

Greece and Brussels: Creditors' Reactions to the Law Protecting People's Primary Residences; Η πρόταση της κυβέρνησης για την α΄κατοικία



Η πρόταση της κυβέρνησης για την α΄κατοικία δεν είναι ικανοποιητική, λένε οι Βρυξέλλες, Kathimerini

"Although the lending institutions have not yet reached any final conclusions, they do not seem to be particularly pleased with the Greek government's proposal, as it seems to be extremely positive for borrowers, leaving the banks unprotected. Firstly, there are strong objections to the fact that the law extends to professional loans ... Institutions stress that such regulation will cause losses to banks that will see their red loans grow. Secondly, the fact that the new law has particularly broad criteria; in particular the criterion concerning the value of the first residence that could be subject to protection up to a figure of 250,000 euros, a fairly high amount."


Related:

Current Account 2018: A Forebearer Of Bad News? Observing Greece, Klaus Kastner


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