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Newsletter 428 - 21/06/2024
: Development, Migration, Interior, Labour and Agricultural Development. The new head of the Development Ministry is Takis Theodorikakos, who has previously served as Interior Minister. Kostas Tsiaras... is being moved from the Interior Ministry to the Labour Ministry, where she is replacing one of the few
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Newsletter 266 -18/09/2020
, declining by 20.6 percent year-on-year (YoY). Apartment prices rise by 4.1 pct in Q2 Increase... to an index of 66.7 in Q1 2020. The rise in the nominal value of apartments in Greece came to 4.1... came to 67 compared to an index of 66.7 in Q1 2020. Old apartments, classified as over five years old
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The case for a general government balance sheet
Agorathe assets, liabilities, and net worth of the general government in percent of GDP. We can make the following remarks: Net worth is negative in Greece and the Euro Area; a private entity (company or household) could not survive for long with these numbers. Net worth for Greece at -120 percent
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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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BoG highlights strong year for property in 2019 but warns of Covid-19 impact in 2020
EconomyFeaturesinvestment in the real estate market. BoG noted that the net inflow of funds for real estate... mean fewer high net-worth Chinese investors visiting the country this year in connection... that the nominal value of apartments in Greece came to 7.5 percent year-on-year (YoY) from a revised
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New Year reshuffle brings more MPs into cabinet, keeps key ministers in post
PoliticsGreek Politicsthe 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... to the right” and “a party-political balancing act”. The elevation to the Interior Ministry of Makis Voridis
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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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