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Newsletter 493 - 06/02/2026
will fight for a one‑party government under the current electoral law and has ruled out changing... lowers the risk that a borrower will fail a court‑mandated plan and lose their primary residence... sustainability and primary residence protection over the maximisation of creditor recovery. It delivers
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BoG highlights strong year for property in 2019 but warns of Covid-19 impact in 2020
EconomyFeaturesa YoY rise of 28.5 percent. One component of foreign investment in the property market is Greece's... are shaping new conditions, with potentially significant short-term effects on the real estate market.” One... for Greece. Tourism was flagged up as one of three main channels through which the coronavirus outbreak
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Newsletter 474 - 05/09/2025
is expected to pass by October. Following the earlier announcement of a one-month rent subsidy... for legal residence after seven years of undocumented presence, calling the previous provision “a reward... only Bulgaria. The country’s labour market has been one of the most accurate indications reflecting
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeaturesactivities such as construction had been one of the engines of the Greek economy prior to the crisis... with the nascent revival in the property market: the introduction of residence permits linked to property purchases... starting to come up against some hard constraints. Only 376 residence permits have been issued under
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Foreign minister quits government, heaping pressure on Tsipras
PoliticsGreek Politicsstead for the future. One of the interpretations given to his decision to resign now is that because...One of the government’s most high-profile figures, Foreign Minister Nikos Kotzias, resigned... a settlement on the Cyprus issue is one such example. The biggest danger that Kotzias’s departure
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Newsletter 179 -19/10/2018
stand him in good stead for the future. One of the interpretations given to his decision to resign now... the prime minister so openly. Perhaps, though, the most significant aspect of his decision to resign... and the coalition united. This is why there could only be one winner in the contest between Kotzias
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HCAP and Finance Ministry reveal five-year strategic plan for public assets
EconomyFeaturesthe control of HCAP, which include power firm PPC, water company EYDAP and public transport organisation OASA... and opportunities, with long-term and short-term goals for each company. Regarding OASA, for example, HCAP
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Record FDI flow into Greece raises bar, but is it sustainable?
EconomyFeatures, there is only one instance of a single area of economic activity exceeding one third of total FDI... a more mature inward investment market, less dependent on one-off injections, less susceptible... in 2014 which offers residence permits to foreign investors. Just over 9,600 residence permits were
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A closer look at planned laws for unpaid taxes and home foreclosures
EconomyMacroeconomyof total. Of this amount, the Finance Ministry aims to collect revenues of at least one-third or 3... and surcharges if the whole tax principle is paid in one instalment. This is to be gradually reduced... to the extension of foreclosures ban, which was one of SYRIZA’s priorities, the legal framework (law 4224/2013
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Newsletter 49 - 30/10/2015
only one-third of the 49 prior actions required for the disbursement of the next bailout subtranche... reportedly demanded that the new eligibility criteria be limited to homeowners whose residence... reports claim that the quadriga’s proposal would protect less than one-fifth of indebted households
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