Louka
Screening of Katseli law applications
The activation of the platform for the protection of primary residences will mean that all the debtors who had applied to go under the shield of the so-called Katseli law without fulfilling the required criteria will henceforth be on their own.
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Easter at St Paul's | Athens | April 24
The program of Easter concerts at St Paul's Anglican Church continues on Wednesday, April 24, with a double bill. At 8 p.m., Magda Mavroyianni (narrative), Marissa Papalexiou (soprano), Natalia Gerakis (flute) and Dimitris Yakas (piano) will present "Mary Magdalene," a program of music by Jules Massenet, Andre Caplet, Antonius Divitis, Theodoros Karyotakis and Ottorino Respighi.
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Creditors to insist on residence protection system improvement
Greece's creditors, and the European Central Bank (ECB) in particular, are determined to force Athens to improve the new framework for protecting primary residences from foreclosure so that its does not further exacerbate an already weak payment culture or reward tax dodgers, sources save indicated.
Rush to enjoy Katseli law status
One out of four mortgage debtors are under the protection of the Katseli law, according to the official data on pending applications at Greek courts that Kathimerini has seen.
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Katseli law and protection plan cause concern
The government is facing a difficult task in trying to overcome the resistance of banks on two key issues that would accelerate the reduction of nonperforming loans, which currently stand at some 80 billion euros.
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Three major hurdles to clear before release of 750 mln euros
The Katseli law, the minimum wage and privatizations will be the three main stumbling blocks in the talks between the government and its creditors that start on Monday in Athens in the context of the second post-program assessment.
Government, banks agree on extension of law protecting main residencies
The government and the country's systemic banks agreed on Friday to extend a legislation protecting primary residencies from auctions by two months, following a meeting of Prime Minister Alexis Tsipras with the Hellenic Bank Association (HBA) at Maximos Mansion.
Two-month extension planned for Katseli law
The government is considering an extension to the protected status of overindebted borrowers' main residences (as provided through the so-called Katseli law) until a permanent protection framework is agreed with the country's creditors.
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Tsakalotos says protection of main home will continue
Finance Minister Euclid Tsakalotos said on Friday that although the protection of debtors' main residences will be abolished in January 2019 when the Katseli law ceases to apply, the government is seeking ways to ensure that debtors in need of protection are not left without a safety net and is aiming to present a solution soon.
SSM asks for auctions of all protected properties
Single Supervisory Mechanism (SSM) officials are increasing pressure on local banks to expand their auctions of debtors' properties to include main residences valued at less than 100,000 euros.
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