Primary Residence Foreclosure Protection

According to data provided by Greek banks, the unpaid portion of about 70 percent of home loans for the purchase of a primary residence is less than 100,000 euros, whereas the unpaid portion of 85 percent of non-performing loans is on average 150,000 euros.

The report states that discussions on the framework of protection from home foreclosures show that key parameters that had been set for the new arrangement have been completely met.