Bank heads, BoG Gov. meet over new framework for protection of primary residences

5 March 2019
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Α meeting on Monday between the CEOs of Greece’s four systemic banks with Bank of Greece (BoG) Gov. Yannis Stournaras reportedly revolved around the European Central Bank’s (ECB) primary reservations over a new legal framework for the protection of primary residences in the country.

According to reports, the ECB’s main concern deals with the capital adequacy of Greek systemic banks and how the new law will affect this.

The draft law is expected to be tabled on Tuesday in Parliament, even as talks between Athens and European creditors continue via teleconferencing.

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