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Greek apartment prices down 5.8 pct in Q4 2014
EconomyMacroeconomyThe drop in apartment prices in Greece decelerated for the sixth successive quarter to 5.8 percent... indicates the twenty-third consecutive negative reading since Q1 2009. Apartment prices also fell by 1.5.... For the whole year, apartment prices declined by 7.5 percent after decreasing by 10.9 percent
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Rate of drop in apartment prices picks up again in Q2
EconomyMacroeconomyAfter decelerating in the preceding seven quarters, the drop in Greek apartment prices accelerated.... Apartment prices also fell quarter on quarter (QoQ) for the seventeenth successive quarter by 3.4 percent, which is the fastest pace since Q3 2012. As a result, the index of apartment prices dipped
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Apartment prices fall at an accelerating pace of 6.1 pct in Q3
EconomyMacroeconomyGreek apartment prices fell by 6.1 percent in the third quarter (Q3) of 2015, at an accelerating... successive quarter since Q1 2009. Apartment prices also declined quarter on quarter (QoQ) for the 18th.... In absolute terms, the index of apartment prices fell to a new historic low of 60.1 in Q3
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Apartment prices down by 5.4 pct in Q4 and 5.1 pct over whole of 2015
EconomyMacroeconomyGreek apartment prices decreased by 5.4 percent in the fourth quarter (Q4) of 2015, at a slightly... in Q4 from decline of 1.4 percent QoQ in Q3. In 2015, apartment prices declined for the 7th consecutive.... In absolute numbers, the index of apartment prices dropped to a new historic low of 59.8 in Q4. Since hitting
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EC sets out improvements Athens should make to primary residence proposal
EconomyProgrammeloans secured by primary residence collateral. Additionally, the new scheme creates an additional... of Non-Performing Exposures (NPEs) from the systemic banks. The protection of primary residences under.... The Commission highlights that the protection of primary residences was unilaterally extended until the end
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Government move over primary residences raises questions
PoliticsGreek Politicsin some areas of the framework in order to accommodate the concerns of the creditors, particularly... the institutions and force their hand over the primary residence issue. The government seems to think... of primary residences will be submitted to Parliament on Friday without there necessarily being
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Apartment prices rise 3.2 pct in Q1
EconomyMacroeconomy. Apartment prices in Greece began to decline in the first quarter of 2009. The biggest annual fall was posted.... The sharpest quarterly rate of decline was seen in Q1 2012, when apartment prices showed a YoY drop of 12.8 percent. Since Q1 2018, apartment prices have retained an upward trajectory, reflecting
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Athens set to press ahead with primary residence law despite differences with lenders
EconomyProgrammehas seen the new primary residence framework, which is due to succeed the Katseli law that expired... framework governing the protection of primary residences from foreclosure without necessarily first... residences. The institutions also raised concerns about the inclusion of the second group of NPLs
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Main residence draft law shows signs of compromise in several areas
EconomyProgrammediscussions with the institutions. In terms of the annual income that an applicant must have in order...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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Primary residence talks continue amid uncertainty about draft legislation
EconomyProgrammeThe Greek government remained in discussions with the institutions on Thursday over the details of the primary residence framework amid concerns that Athens is set to act unilaterally and table... against primary residences that the government would like to be included in the new framework. According
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