NEWS

Government tables primary residence protection framework

Government tables primary residence protection framework

The government submitted on Tuesday night a legislative amendment with the new framework for the protection of primary residence.

The limit on the value of the protected residence comes to 250,000 euros, but if a corporate loan is involved then the limit drops to 175,000 euros.

The new framework comes to replace the former Katselis law. However, Greek authorities have not yet come to an agreement with the creditors on the terms.

Source: ana-mpa