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The new code of practice for the handling of bad loans, which the Bank of Greece has published for consultation, provides for borrowers who cannot repay loans secured against their home to be able to remain at their property by renting it after transferring the ownership to the bank.The code published makes it possible for the borrower to transfer his or her property to the bank and to sign a lease contract for a minimum of five years during which he or she will pay rent.In such cases, the borrower will have the benefits of the existing legislation regarding leasing, which allow him to buy back his property after the expiry of the five-year period at a price previously agreed with the bank.
Islamic law is adopted by British legal chiefsIslamic law is to be effectively enshrined in the British legal system for the first time under guidelines for solicitors on drawing up “Sharia compliant” wills.Under ground-breaking guidance, produced by The Law Society, High Street solicitors will be able to write Islamic wills that deny women an equal share of inheritances and exclude unbelievers altogether. Nicholas Fluck, president of The Law Society, said the guidance would promote “good practice” in applying Islamic principles in the British legal system. Some lawyers, however, described the guidance as “astonishing”, while campaigners warned it represented a major step on the road to a “parallel legal system” for Britain’s Muslim communities.
Europe takes UK to court over benefitsBritain is being taken to court by the European Commission over its “right to reside” test
Renewable energy from rivers and lakes could replace gas in homesA revolutionary system using water-sourced heat pumps is being tested on a new developmentMillions of homes across the UK could be heated using a carbon-free technology that draws energy from rivers and lakes in a revolutionary system that could reduce household bills by 20 per cent.
Locals horrified as council has stray horses shot dead in front of bystandersLocal people have condemned a council as ‘wicked’ after it had two horses shot dead because they had entered a park unsupervised.The animals were killed after police were called to Leavesden Country Park in Hertfordshire following reports of horses being on the loose in the area.Police along with the workers for the Three Rivers District Council then spent four hours attempting to capture them.When they couldn’t, the decisions was made to shoot the pair and a gun wielding man riding a quad bike was deployed.
Not such a bright idea: Met Police admit they spend £100 to change a light bulb
Syrian jet shot down by TurkeyA Syrian plane has been shot down by Turkey "after it violated Turkish air space," Prime Minister Recep Tayyip Erdogan said
In Greece uproar over plan to dispose of Syrian chemical weapons in the MediterraneanFrom priests and environmentalists to trawlers and tour operators, thousands of Greeks took to the streets of Crete Sunday to protest a United Nations program designed to destroy Syrian chemical weapons in the Mediterranean, turning one of the most popular holiday hot spots in Europe into a potential graveyard of drifting, highly toxic agents.Staged in Arkadi, a small village tucked in the highlands of Crete and reknown for a bloody local revolt against Ottoman occupiers 150 years ago, the protest marks the latest show of local resistance to the international operation, which demonstrators deem the deadliest threat yet to the environment and their livelihood. Crete police and organizers contacted by phone, put the number of demonstrators at over 10,000, making the protest the biggest yet in Europe against the United States-led decommission plan.
Under ground-breaking guidance, produced by The Law Society, High Street solicitors will be able to write Islamic wills that deny women an equal share of inheritances and exclude unbelievers altogether. Have we not got our own laws,Or does this mean eventually we can use any law in the world that suites
For anyone who's got a few minutes to spare, a possibly interesting article on the BBC:What medieval Europe did with its teenagers
QuoteThe new code of practice for the handling of bad loans, which the Bank of Greece has published for consultation, provides for borrowers who cannot repay loans secured against their home to be able to remain at their property by renting it after transferring the ownership to the bank.The code published makes it possible for the borrower to transfer his or her property to the bank and to sign a lease contract for a minimum of five years during which he or she will pay rent.In such cases, the borrower will have the benefits of the existing legislation regarding leasing, which allow him to buy back his property after the expiry of the five-year period at a price previously agreed with the bank.http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_21/03/2014_538395