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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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Greece and lenders far apart on foreclosures as housing NPLs keep rising
EconomyProgrammefor protection of the primary residence, while protecting the vulnerable debtor is one of the 49 prior actions...The protection of primary homes from foreclosures emerged as one of the key areas of significant... for the protection of the primary residence with a statutory value (as set for tax purposes) up
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During crisis, proportion of Greeks in extreme poverty has risen almost seven times to 15 pct
Society. The value of the basket varies according to the place of residence – the survey took samples in Athens..., such as the existence of dependent children in the home or whether the household owns the residence or rents... estimated the extreme poverty threshold ranges from 182 euros per month for a one-person privately
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If Golden Dawn MPs quit Parliament, would Greece go to elections? It's complicated
PoliticsGreek Politicswith the mainstream parties. It has been suggested that this could lead the party’s 18 MPs to resign en masse... criteria this would happen. It is certain that were the Golden Dawn MPs to resign en masse...The government’s clampdown on Golden Dawn after the murder of rapper Pavlos Fyssas by one of its
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