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Athens Macedonian News Agency: News in English, 15-02-18

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Roll call vote for election of President of Republic on Wednesday at 19:30
  • [02] Law to protect indebted families from losing their homes will be tabled on Thursday

  • [01] Roll call vote for election of President of Republic on Wednesday at 19:30

    The roll call vote for the election of the new President of Republic will be held on Wednesday at 19:30. According to the Constitution, in the first round of the vote the candidate that will be supported by 3/5 of the total number of deputies will be elected new President of the Republic.

    Prime Minister Alexis Tsipras on Tuesday nominated former New Democracy minister Prokopis Pavlopoulos for presidential candidate. New Democracy and Independent Greeks said that they will support Pavlopoulos' candidacy.

    On its part, Potami party has proposed professor Nikos Alivizatos for president. PASOK said that it will vote for Alivizatos while the Communist Party (KKE) said it will not support none of the above and will vote 'present'.

    Tsipras will go to the Presidential Mansion on Wednesday at 12:00 to meet with outgoing President of Republic Karolos Papoulias.

    [02] Law to protect indebted families from losing their homes will be tabled on Thursday

    ANA/MPA--- The government plans to table a law in Parliament on Thursday to protect main residences from confiscation and being auctioned off by creditors, according to sources on Tuesday.

    In a speech in Parliament to announce the government's candidate for Greek president, Prime Minister Alexis Tsipras mentioned the government's priorities, saying that protection from auctions is a priority. Economy ministry sources said the purpose of such a law, which is in the final stages, will protect 95 pct of indebted householders who are in danger of losing their homes because they are unable to cover their debts. They added it will be tabled under emergency procedures.

    Protection of overdue borrowers will depend on three factors: total assets owned; annual family income; and the total of bank deposits.

    The government decided to change plans, from a temporary freeze of auctions for two or three months to an immediate legislation banning auctions, on conditions, to reduce anxiety among borrowers.


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