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Opposition frets over foreclosure decision as ND casts net for new faces
PoliticsGreek Politicsstepped in with its own legislation to protect primary residences. She claimed that funds will now... residences and introduce a new legal framework regarding debt settlements. Third party PASOK also warned... borrowers be protected from foreclosures. The issue of primary residence protection is politically
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Newsletter 218 -06/09/2019
. GDP rises by 1.9 pct YoY in Q2 Apartment prices increase by 7.7 percent in Q2 Greece’s seasonally... in the nominal value of apartments in Greece came to 7.7 percent year-on-year (YoY) in the second... came to 64.4 compared to a revised index of 62.2 in Q1 2019. Old apartments, classified as over five
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Newsletter 253 -05/06/2020
. Apartment prices rise by 6.9 pct in Q1 Headline figure marks ninth consecutive quarter of price rises... percent, respectively. The rise in the nominal value of apartments in Greece came to 6.9 percent... increases. The index for Q1 came to 66.9 compared to an index of 65.6 in Q4 2019. Old apartments
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Compromise emerges on liberalisation of NPL market
EconomyProgrammein order to reach an agreement on the NPL issue as a whole. The institutions clearly favoured a full...-residence backed NPLs across all lending categories until the end of 2017 under certain criteria... that the sale of large corporate and non-primary residence backed mortgages has been allowed since mid
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Mitsotakis to set out lockdown relaxation plan as ND scales back economic support
PoliticsGreek Politicsfor 100 hours in order to receive a 600-euro stipend. The leftist party has demanded Vroutsis’s... on the primary residence protection programme, which is due to expire at the end of the month... not rule out the possibility of the government extending the primary residence scheme without
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University bill threatens PASOK consensus as probes launched into alleged infractions by politicians
PoliticsGreek Politicsinvestigation in the Interior Ministry, which is the suspected source of the data leak, while on Tuesday.... The Interior Ministry has denied that it provides voters’ contact information, while the chief...’s EP elections, but also because the suspicions of a data leak emerged within days of the Interior
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Property ownership waning in Greece as renting takes over
Societyan apartment, followed by 36.2 percent who owned land or another asset and 30.4 percent who owned a house. Six... for apartments and 20 percent for houses. However, it was also noted that within the last few years... two years was tourism-related property (61.9 percent) followed by apartments (24.3 percent
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Newsletter 276 -04/12/2020
challenges. 2 Apartment prices rise by 3.2 pct in Q3 Latest quarter marks eleven consecutive rises The rise in the nominal value of apartments in Greece came to 3.2 percent year-on-year (YoY) in the third.... Old apartments, classified as over five years old, saw their prices increase by 2.6 percent in Q3
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Newsletter 297 - 21/05/2021
billion euros which was 181 million euros higher than its monthly target. Apartment prices increase 3.2... in the nominal value of apartments in Greece came to 3.2 percent year-on-year (YoY) in the first quarter... in Q4 2020. Old apartments, classified as over five years old, saw their prices increase by 3.4
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Building activity up again in May but with smaller rise of 1.9 pct
EconomyMacroeconomyat 13,383 in 2014 from 65,474 registered in 2008. Apartment prices, which are indirectly linked to building... downward revision of Greek macro environment would lead to a sharper decline in apartment prices
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