EU Commissioner Pierre Moscovici on Wednesday referred to “significant progress” in talks between European creditors and the Greek government over the issue of legislating a new legal framework to protect primary residences in the country from creditors.
EU Commissioner Pierre Moscovici on Wednesday referred to “significant progress” in talks between European creditors and the Greek government over the issue of legislating a new legal framework to protect primary residences in the country from creditors.
The previous legal protection expired last month, while the Tsipras government’s failure to present a comprehensive successor law has been cited as a main reason blocking a one-billion-euro tranche that was set to flow into Greek state coffers, as envisioned in a 2017 debt relief package.
In a written response, Moscovici, viewed as among the leftist Tsipras government’s most favorably disposed European leaders, said he’s confident an agreement will be achieved before a scheduled April 5 Eurogroup meeting.