Government tables amendment giving management of mortgage loans to funds

5 June 2016
126 Views

An amendment that will allow banks to pass on to funds the management of loans mortgaging the main residence with a market value up to 140,000 euros was tabled by the economy and finance ministers in parliament on Thursday, during a debate on the last prior actions demanded by the country’s lenders.

The law still halts the sale and transfer of these loans until 31.12.2017.

The amendment drew the ire of the opposition parties, with New Democracy’s parliamentary spokesman Yiannis Vroutsis accusing the government of “deleting all red lines” and renaming the “vultures” as “doves”.

You may be interested

Justice Ministry to address concerns over ‘pothen esches’ declarations
GREECE
shares67 views
GREECE
shares67 views

Justice Ministry to address concerns over ‘pothen esches’ declarations

makis - Oct 19, 2017

Alternate Justice Minister Dimitris Papangelopoulos on Thursday said that a new ministerial decision will be issued to address the concerns…

Deadline for EFKA dues is extended
GREECE
shares69 views
GREECE
shares69 views

Deadline for EFKA dues is extended

makis - Oct 19, 2017

The 650,000 farmers and self-employed professionals who have not paid the social security contributions they still owe for 2016 have…

Athens expresses concern over continued demolition of houses of Greek ethnic minority in Albania
GREECE
shares73 views
GREECE
shares73 views

Athens expresses concern over continued demolition of houses of Greek ethnic minority in Albania

makis - Oct 19, 2017

The Greek Foreign Ministry expressed concerns regarding the decision by the Albanian authorities to proceed with the demolition of residences…

Leave a Comment

Your email address will not be published.