Tag: Loans

GREECE
shares497 views

Threshold for protection of business loans linked to primary residence falls to 100,000 euros

Panos - Mar 29, 2019

The Greek government was forced to lower the threshold of the value for primary residences used as collateral by businesses with overdue loans at the behest of…

FINANCE
shares800 views

Debtors rush to pay off loans to save their properties from auction

Panos - Apr 03, 2018

The speeding up of auctions of foreclosed properties as of December has changed the stance of debtors who were in a position to service their loans and…

GREECE
shares721 views

Government tables amendment giving management of mortgage loans to funds

ilias1 - Jun 05, 2016

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…

FINANCE
shares736 views

Tackling NPLs becomes even more difficult

chris1 - Jan 10, 2016

The Greek government’s margin for maneuver is exceptionally limited in its negotiations with the country’s creditors regarding the fate of nonperforming loans, which still cannot be sold…