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  1. Post-Covid era dawns on new landscape for bad debt in Greece
    Photo by MacroPolis

    EconomyFeatures

    as purchasers of NPL portfolios. One of the largest players in the Greek servicer market, Intrum Hellas... of the total volume of NPLs. One aspect of the problem has been institutional. Seizing... of primary residence to the initiation of bankruptcy proceedings, providing a mechanism for borrowers

    30%

  2. Working-class homes or millionaires' mansions - what's going under the hammer in property auctions?
    By Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    residence. While one cannot say categorically that there are no first homes included in the auction... of one luxury residence and one luxury property development. The lowest starting price is 2,100 euros... the notaries, which claimed the properties in question were being auctioned for debts of over one

    30%

  3. China's bumpy road to Greece
    Photo by Andrea Bonetti/Fosphotos

    EconomyFeatures

    forum, Prime Minister Alexis Tsipras met President Xi Jinping, Premier Li Keqiang and heads of local firms. Beijing’s “One Belt, One Road” strategy focuses on infrastructure investments to open... and a year of cultural exchange has also been launched. Chinese investment One of the private

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  4. Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct

    Economy

    to 622 million, slightly above the 611 million target. One of the first interventions announced... stands at 9 billion. The government aims to collect one-third of the effective overdue taxes

    29%

  5. Newsletter 204 -03/05/2019

    Newsletters

    and moving some goods from the top rate to the lower one. Another measure being considered... resign rather than lower the threshold. Neither party wants to be seen supporting the intervention... notches to ‘B1’ last month. Both are one notch behind Fitch’s rating, which stands at ‘BB

    29%

  6. Reported widening of revenue shortfall in Feb as liquidity worries persist

    Economy

    to the one-month extension provided to taxpayers to pay their obligations. VAT revenues... in January and stood at 622 million, slightly above target of 611 million. Lower income from

    29%

  7. General govt primary cash surplus falls to 2.6 bln in 2-month, arrears up for second month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent of total with tax refunds following at 1.26 billion (one quarter of total). In addition.... In contrast, the respective figure for the state budget dropped by 611 million to 1.63 billion

    29%

  8. Newsletter 195 -22/02/2019

    Newsletters

    Primary residence talks continue EU lenders ask for changes to framework, expect more progress... for the primary residence framework is in the right direction, there are some issues that will have... surveillance period. One eurozone official told Reuters that the report “is likely to say that Greece has

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  9. Newsletter 454 - 07/03/2025

    Newsletters

    happened and who was responsible, but also undermined some of the government’s line of defence. One... a vote was taken on whether Deputy Civil Protection Minister Christos Triantopoulos, who was one... for interfering with the scene of the crash. The motion was carried with 277 votes in favour, 12 against and 4

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  10. Study sheds light on different experiences, aspirations of new and long-term migrants

    Society

    families or NGOs, while an unknown number reside in illegal camps such as the one in the olive... ethnic groups: 171 Albanians with an average residence time in Greece 22 years, 202 Georgians... residence permits. In contrast, only 4 percent of Georgians acquired Greek citizenship despite being

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