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Back from the brink: What next for Greece's property market?
EconomyFeatures, the cumulative fall in apartment prices came to an average of 41.2 percent in nominal terms. Retail... the same period. Apartment prices have been falling since the first quarter of 2009. The biggest... foreign interest in these markets. However, while the interest is strong, it should be noted
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Megafire surges into Athens suburbs, posing major challenge for PM
PoliticsGreek Politicsof the biggest. What shocked Greeks more than the magnitude of the blaze, which was fanned by strong winds... northern suburbs, such as Halandri and Vrilissia, destroying or damaging apartment blocks as well..., attempting to prevent the fire reaching their apartment buildings, and firefighters being aided
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Newsletter 277 -11/12/2020
PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...
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Piraeus Bank reveals mitigating actions aimed at reducing size of capital increase
EconomyBankingscenario, stemming from additional Deferred Tax Assets (DTAs). 3) Asset disposals including the sale... - apart for the LMEs - will be approved by the SSM. Excluding the recognition of DTAs, which seems... all other capital actions (excluding DTAs) are approved. Note, though, that it is not clear
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Newsletter 231 -06/12/2019
reaching an agreement with Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal... remained strong and was among the best seen in a decade. Operating conditions also picked up during
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Newsletter 234 -10/01/2020
with Ankara, which escalated following Turkey’s decision to sign a maritime agreement with Libya... to make a strong intervention at the highest level to support Greece The Prime Minister’s first... actions in Libya, as well as the two memoranda signed between Ankara and Tripoli. However, Turkey’s
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Mitsotakis backs Ukraine as Athens tries to balance position with Trump administration
PoliticsForeign Policyto international law”. “We cannot afford to have double standards. For me, as a strong advocate... with the Government of National Accord (GNA) of Libya in November 2019. He clarified that the project is a European... of 2023, Turkey would automatically and ceremoniously withdraw from the Turkey-Libya memorandum. We
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Greek-Turkish tensions flare over Turkey’s bid to join SAFE
PoliticsForeign Policyand expressed strong support for Turkey’s inclusion in SAFE. Johannes Wadephul described Turkey..., Mitsotakis last week proposed a new initiative involving Cyprus, Egypt, Turkey, and Libya during..., Libya, and Egypt, according to Kathimerini. Boulos, who met with Mitsotakis last September, is said
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Newsletter 495 - 20/02/2026
to explore for gas south of Crete was “unlawful”, arguing that it violates the 2019 Turkey–Libya maritime memorandum and Libya’s declared maritime claims. Greece considers those claims null and void... clause for defence spending and factoring in the strong tax outcomes, Greek government officials
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New Year reshuffle brings more MPs into cabinet, keeps key ministers in post
PoliticsGreek Politicsin the past voiced strong anti-immigration and socially conservative views, as Deputy Migration... the deputy agriculture minister. Interior Minister Takis Thedorikakos has also been left out of the new... Petsas has been appointed Alternate Interior Minister, to be replaced by Christos Tarantilis
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