European Commission report cautions on primary residence and public sector hirings

3 April 2019
44 Views

The European Commission released its revised report for Greece regarding the enhanced surveillance, pointing out it had made significant progress in completing its commitments following the passing of the amendment by the Greek parliament of the new framework for the protection of the primary residence.

The report effectively paved the way for the disbursement of €1 billion on the Greek bond yields at the Eurogroup later this week.

The Commission, however, sounded the alarm on a series of issues pointing out that the new housing protection framework mitigates but did not eliminate the risks to financial stability and payment discipline, and that the government should avoid creating new fiscal risks, “which could arise from court decisions, public sector recruitment, and possible changes in tax arrangements for tax and social security funds”.

You may be interested

Refugees and illegal immigrants camp outside Greek parliament
GREECE
shares21 views
GREECE
shares21 views

Refugees and illegal immigrants camp outside Greek parliament

makis - Apr 19, 2019

Refugees and illegal immigrants have camped outside the Greek parliament at Syntagma Square in Athens. The illegal immigrants and refugees,…

Greek House votes to lift Parliamentary immunity of trhee MPs
POLITICS
shares22 views
POLITICS
shares22 views

Greek House votes to lift Parliamentary immunity of trhee MPs

makis - Apr 19, 2019

Greek MPs decided to lift the Parliamentary immunity of three of their colleagues, Andreas Loverdos, Marios Salmas, and Aristides Fokas…

Weekend escapes near Athens!
GREECE
shares1179 views
GREECE
shares1179 views

Weekend escapes near Athens!

Panos - Apr 19, 2019

Chalkida: the town of “mad waters” There is a reference point, a place of attraction for Athenians and people from…

Leave a Comment

Your email address will not be published.