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Main residence draft law shows signs of compromise in several areas
EconomyProgrammelevel of deposits to be set at 65,000 euros and for the immobile assets to have a maximum value...After weeks of back-and-forth with the institutions, the Greek government submitted to Parliament late on Tuesday the main part of the draft legislation relating to primary residences. The details
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The IMF crisis and how to solve it
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
Agoraset up when monetary policy credibility was at a low ebb; a strong analogy with the Fund. Now is the perfect time for the Fund to open up its kitchen and show the world the ingredients that go... that institutional biases are being tackled is to open up its kitchen to public scrutiny. Fund staff and real
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Newsletter 338 - 20/05/2022
for Mitsotakis to address a joint session of Congress on Tuesday were the main set-pieces of the trip. Biden set... for liquefied natural gas (LNG), and set out his own political ideology, warning against the threat posed... job roles are waiters, kitchen staff, cleaning staff and receptionists. These positions make up 60
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Parties take another look at granting vote to Greek expats
Societyresidence. In a country which has experienced several waves of emigration over the two centuries of its... remotely, either at embassies and consulates in their country of residence or by postal ballot. All... for each country to set its own rules in accordance with their circumstances. The National
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Second post-MoU review set to begin as Athens eyes return to bond markets
EconomyProgrammewill be in place by then. Reports suggest the level of protection for primary residences is set to fall... is agreeing on the successor to the Katseli law protecting primary residences. Its provisions have been... scheme for the protection of primary residences will also incorporate elements similar to the out
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Newsletter 506 - 29/05/2026
residence. Thousands of units remain vacant or idle, kept off the market by a combination of high... suggests reducing the "risk premium" for landlords by streamlining late-payment dispute resolutions... homeownership rates in Europe, with over 60% of households owning their residences without a mortgage
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Post-Covid era dawns on new landscape for bad debt in Greece
EconomyFeaturesthe line, a new set of instruments and institutions has emerged to manage bad debt, a large portion... 18 months. The two iterations of the Hercules scheme have enabled the banks to set ambitious... of primary residence to the initiation of bankruptcy proceedings, providing a mechanism for borrowers
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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeaturesproperly known as the “Residence Permit for Investment Activity in Greece”, gives investors and their immediate family a five-year residence permit. To qualify, under Law 4251/2014, applicants must buy... European country. Holders of the residence permit have a right, but not an obligation, to reside
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Working-class homes or millionaires' mansions - what's going under the hammer in property auctions?
EconomyFeaturesare conducted virtually, on the electronic platform that has been set up for that purpose... million euros), a factory (3.3 million euros), a school complex (2.9 million euros), a luxury residence... residence. While one cannot say categorically that there are no first homes included in the auction
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Primary residences back in focus as Athens waits for recovery fund decision
PoliticsGreek Politicsregarding the coronavirus recovery fund, there is growing attention on the primary residence... of the primary residence scheme. The programme, which protects certain homes from repossession if owners... is ready by June 1, even more significant for Athens. Primary residences Another important
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