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  1. Athens aims to wrap up legislation on foreclosures and issue 10-year bond
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    the threshold had been set at 50 percent. Naftemporiki daily reported that the institutions are waiting... residences from foreclosure. Regardless of the progress on this issue, Greek authorities are aiming.... On the primary residences, talks with the country’s lenders appear to have led to the government

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  2. Newsletter 200 -29/03/2019

    Newsletters

    . It should be noted that the government had initially wanted the maximum level of deposits to be set... introducing the new scheme to protect primary residences from foreclosure but it seems that its work.... This rises to The tabling of the draft residences legislation is a major step towards securing

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  3. During crisis, proportion of Greeks in extreme poverty has risen almost seven times to 15 pct
    Photo by MacroPolis

    Society

    . The value of the basket varies according to the place of residence – the survey took samples in Athens..., such as the existence of dependent children in the home or whether the household owns the residence or rents

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  4. Survey reveals working lives, job-finding trends of young Greeks
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    be willing to change their place of residence or commute for more than an hour to attend a job. Of those who... with at least secondary education were found to be most willing to change their place of residence

    8%

  5. BoG data shows that overseas property investment revenue accelerated in 2018

    EconomyFeatures

    residence permits had been granted as of the end of November 2018 under Greece’s Golden Visa scheme... scheme requires criminal record checks from applicants’ previous countries of residence. However

    8%

  6. ND braces for deeper economic impact from Covid-19, mulls more assistance
    Photo via www.government.gov.gr

    PoliticsGreek Politics

    their residence as collateral for a small business that has experience a fall in revenue. Eligibility will be based on the homeowners’ income, overall wealth and the value of the primary residence

    8%

  7. What is driving the Greek housing market's recovery?
    Photo by MacroPolis

    EconomyFeatures

    the 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

    8%

  8. Unemployment hit new high of 27.8 pct in October, set to rise further

    EconomyMacroeconomy

    Greece officially assumed the presidency of the European Union on Wednesday, with the highest unemployment rate in the 28-member bloc. According to the Hellenic Statistical Agency (ELSTAT), the seasonally adjusted jobless rate in October stood at 27.8 p...

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  9. Long-term jobless rate of 71 pct poses new set of social challenges for Greece

    Society

    There was a time when Greece’s unemployment rate caught the media’s attention as it quadrupled from 7.3 percent in the third quarter of 2008 to the recent record high of 27.8 percent in the first quarter of 2014. There is less of a fuss these days, thou...

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  10. Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
    Photo by MacroPolis

    Economy

    Greek media reported on Tuesday that the Ministry of Finance (MoF) will soon table in Parliament a draft bill which will allow the conversion of Greek banks’ Deferred Tax Asset (DTA) into tax credit. The new legal framework has to be approved by the Eur...

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