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Time running out for Golden Visa as housing problems increase
Agorato significant credit expansion for all types of loans, notably mortgages. Housing investment peaked... remained under pressure for many years. This led to a collapse in housing demand and the residential price... portions. These dynamics have led many Greeks to being priced out of the property market as prices have
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Newsletter 426 - 07/06/2024
accelerated on a quarterly basis and had a significant rise of 2.1 pct year-on-year (YoY), led... will be needed, which the government pins on RRF resources via public investment and credit via... by 2.1 pct. the quarterly movements were led by 0.2 pct QoQ rise in household spending, a 7.1 pct rise
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Newsletter 466 - 13/06/2025
if they would support a new party led by Tsipras. Only 15% responded positively, while 80% rejected..., banks tightened credit with non-performing loans ballooning and banks suffered serious losses from the debt haircut on GGBs that led to their state recapitalisation. It is exactly the consequence
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Greece steps up effort to bolster relations with Iran
PoliticsForeign PolicyGreek Foreign Minister Nikos Kotzias visited Tehran on November 29-30 in an effort to enhance... predecessor Evangelos Venizelos visited the Iranian capital in 2014. Then, Venizelos was seeking to see how... of the prime minister) visited Tehran in February 2015, a few weeks following SYRIZA’s victory. Despite
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Energy, defence high on agenda as Tsipras prepares for US visit
PoliticsForeign Policy. Sources point out that the Prime Minister has visited China twice, where he has signed a number of investment agreements, and has also visited Moscow twice for talks with Vladimir Putin. In addition, former US President Barack Obama and French President Emmanuel Macron have both visited Athens
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Athens treads carefully over Ukrainian stand-off
PoliticsForeign Policyjust before the Greek FM visited Ukraine. After a call between the two diplomats, Kuleba tweeted... and instead only visited cities with strong Greek communities, Mariupol and Sartana. However, Dendias visited
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BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
EconomyBanking) and inhibits the systemic credit institutions. Halfway through the year, NPEs stood at 39.2 percent of loans...’ average of 3.6 percent. This high stock of NPEs, combined with almost a decade of credit contraction... multiple effects on the banking system. These start with the high level of provisions against credit risk
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An issue of statistical significance in Greece
Agorawhat led to the country and its people experiencing the most extensive economic crisis a developed... of economic boom fueled by cheap credit and unsustainable fiscal laxity is where the narrative for Greece
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Taking a macro snapshot
Agorain the euro led to a sharp drop in deposits that peaked between the two elections last year. Removing... is not reversed in the much needed liquidity that the cash starved Greek economy needs. Credit remains
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Greece in 2014: The risks and opportunities of moving forward
Agora). Five years before joining its euro peers, Latvia required an emergency credit line from the IMF... compressed, tourism and export-led growth will form the basis for the economic recovery
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