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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeatureswith 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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Government rolls out red carpet to lure private wealth to Greece
EconomyFeaturesthe alternative framework to attract pensioners who transfer their tax residence to Greece. The government... residence to Greece. Prior to submission of the latest legislation on family offices, a Finance
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Newsletter 285 - 19/02/2021
the alternative framework to attract pensioners who transfer their tax residence to Greece. The government... rates for those willing to move their tax residence to Greece. There is no official estimate yet
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Record FDI flow into Greece raises bar, but is it sustainable?
EconomyFeaturesin 2014 which offers residence permits to foreign investors. Just over 9,600 residence permits were
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What is driving the Greek housing market's recovery?
EconomyFeaturesthe intuitive interpretation. Since the introduction of the investment-based residence scheme in 2014... the scheme remains among the cheapest in Europe. The reluctance to scrap or radically reform the residence
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Newsletter 240 -21/02/2020
average maturity of the total debt fell to 20.53 years in Q4 from to 20.84 years in Q3. Apartment... in the nominal value of apartments in Greece came to 7.5 percent year-on-year (YoY) in the fourth quarter (Q4
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BoG outlines factors hampering affordability in Greek housing market
EconomyMacroeconomyits upward trajectory, with nominal apartment prices rising by 7.8% year‑on‑year. This increase... for apartments older than five years growing by 8.1%, while those for newer units (up to five years
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Athens and lenders continue talks on outstanding actions, aiming to conclude by March 25
EconomyProgrammeof the residual mortgage. Apart from the primary residence framework, Greece is also expected to make... for the protection of primary residences from foreclosure after the two sides failed to agree... of the draft legislation still being discussed are whether business loans secured against primary residences
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Government makes last-minute change to main homes bill in bid to satisfy creditors
EconomyProgrammeresidence scheme, the creditors will be satisfied that the eligibility criteria are not too generous...MPs are due to approve on Friday the new framework for the protection of primary residences from... that the threshold for the balance on business loans secured against primary residences should be no higher than
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Newsletter 201 -21/04/2019
was agreed between the Greek authorities and the institutions of a new primary residence protection... for the last few weeks due to the dispute over the new framework for protecting primary residences... widened the scope by including business loans that have primary residences as collateral. At the same
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