Wednesday October 22, 2014 Search
Weather | Athens
24o C
11o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Foreclosures threat pushed back

 Government takes unilateral decision to stretch out protection period offered to vulnerable social groups

An agreed foreclosure protection period currently granted to first-home buyers unable to settle overdue tax amounts will be conditionally extended beyond the end of the current year, when it is set to expire, regardless of the outcome of upcoming negotiations between Greek government officials and the country’s creditor representatives, or troika, in Paris early next month, a high-ranking Justice Ministry official announced Thursday. However, the conditions for the extension will be stricter and probably more specific, the official added.

The decision was disclosed by the ministry official immediately after a meeting between Justice Minister Haralambos Athanasiou and Finance Minister Gikas Hardouvelis, as part of the government’s preparations for the troika negotiations in Paris.

The official described the development as “a decision and not an intention” to stop the troika’s request for foreclosures at one-third of the nominal value.

The same official also noted that “the prime minister’s order for the protection of vulnerable debtholders would proceed.”

Also Thursday, ministers dealing with the problem of nonperforming bank loans were requested to make clear that the government would, under no circumstances, leave vulnerable social groups unprotected.

The coalition government’s junior partner, PASOK, adopted a similar position on the issue, and in fact rushed to beat coalition leader New Democracy in getting the news out first.

The finance minister also hled a meeting with Administrative Reform Deputy Minister Evi Christofilopoulou, during which the pair discussed pending issues ahead of the imminent troika talks, such as restructuring in the public sector, including the unified pay structure in the civil service, as well as a new recruitment law for the public sector.

Hardouvelis is scheduled to hold more meetings Friday with others ministers who will take part in the Paris talks, such as Labor, Social Security and Welfare Minister Yiannis Vroutsis and Development and Competitiveness Minister Nikos Dendias.

Greek government officials are scheduled to meet with troika officials over three days, beginning on September 2. Issues to be discussed will include the next budget, the fiscal gap for 2015, and taxation policy, especially the newly introduced ENFIA property tax.

ekathimerini.com , Thursday August 28, 2014 (22:07)  
Credit sector officials sleeping easy ahead of stress test results
Certainty on primary surplus target
Feverish talks on payment plan proposals
TUI promises even more tourists
Archaeologists find missing head of Amphipolis sphinx
Archaeologists digging at a tomb dating to the era of Alexander the Great in ancient Amphipolis in northern Greece have found the missing head of one of the two sphinxes guarding the entranc...
Coalition leaders prepare for troika amid sour mood
A dispute between New Democracy and PASOK over civil servants’ salaries continued Tuesday, underlining the big task facing Prime Minister Antonis Samaras and Deputy Prime Minister Evangelos ...
Inside News
BASKETBALL
PAOK fans stop coach Markopoulos´s move to Olympiakos
Olympiakos is once again in the lookout for a new coach after the refusal of PAOK to release Soulis Markopoulos, while Panathinaikos defeated Kolossos on Rhodes on Monday to become the only ...
BASKETBALL
Reds lose to Nea Kifissia, search for new coach
Nea Kifissia recorded the biggest win of its short history in the top flight defeating Olympiakos 68-67 on Sunday, in a Basket League weekend marred by the abandonment of the Thessaloniki de...
Inside Sports
COMMENTARY
The ECB collateral for Greece must be lowered to 5 pct
According to recent reports, the European Central Bank plans to reduce the “57 percent penalty,” that is the discount applied to almost all Greek government bonds (GGBs) held as collateral b...
INTERVIEW
The past, present and future of the Greek debt crisis
For a decade, until mid-2012, Josef Ackermann was the CEO at Deutsche Bank. It was a position that earned him the nickname “shadow chancellor” of Germany and allowed him to play a decisive r...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Credit sector officials sleeping easy ahead of stress test results
2. Certainty on primary surplus target
3. Feverish talks on payment plan proposals
4. TUI promises even more tourists
5. Archaeologists find missing head of Amphipolis sphinx
6. Coalition leaders prepare for troika amid sour mood
more news
Today
This Week
1. The past, present and future of the Greek debt crisis
2. Gang importing heroin into Greece busted
3. Greece said to seek tailor-made plan for bailout exit
4. Self-opposing coalition
5. Gutsy rectors
6. Applications for heating oil subsidy set to start
Today
This Week
1. Possible third figure in Amphipolis mosaic may be uncovered shortly
2. Istanbul skyscraper casts shadow over Greece's banking ambitions
3. Coalition shooting itself in the foot
4. GPO poll gives SYRIZA clear lead over New Democracy
5. Greece must stick to reforms, says Schaeuble
6. Greece’s closed society is central to its current malaise
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.