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EC sets out improvements Athens should make to primary residence proposal
EconomyProgrammeof Non-Performing Exposures (NPEs) from the systemic banks. The protection of primary residences under.... The Commission highlights that the protection of primary residences was unilaterally extended until the end... for protecting primary residences. It was not clear if the Commission’s concerns were also taken on board during
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Government hopes new affordable homes bill can help alleviate housing pressure
PoliticsGreek Politicsspeculative buying, particularly in central Athens, where entire apartment blocks have been converted...-stay rentals, approximately 180,000 residences have been withdrawn from the market since 2011... their principal residence rose from 22.8 pct in 2010 to 30.3 in 2024, a rise mirrored by a growing
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Newsletter 198 -15/03/2019
lenders over the details of legislation to protect primary residences from foreclosure – the key reform... for the protection of primary residences. The European Commission set out a list of changes it felt should... to an agreement on the legislation for the protection of primary residences. Nevertheless, there was some
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Newsletter 114 - 07/04/2017
in order to avoid further damage to the Greek economy due to the prolonged uncertainty... last year. On the flipside, the respective figure for the state budget fell by 611 million to reach
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Newsletter 190 -18/01/2018
of their lawmaker in order to ensure that he obtained the 151 ballots in the confidence vote... billion euros and was below target by 611 million. Monthly net revenues totalled 5.34 billion euros
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Tsipras's choices are becoming clearer but not any easier
Agoralenders on Friday in order to conclude the programme review would involve Athens adopting roughly 2... from a cut to spending on existing pensions. This is a tall order for the Greek coalition. Even if one... and - even if they hang on for another year or two - they will not be able to rid themselves of the stigma
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Newsletter 402 - 17/11/2023
officials on purpose in order to force them out of SYRIZA so he can have more wiggle room in terms of who... representation in parliament from the 47 seats they managed to hang on to the June elections. This would... is insistent, though, that SYRIZA needs a shake-up in order to rekindle voters’ interests. One
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Apartment prices rise in Q2 by a strong 13.9 pct YoY despite slight slowdown
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece remained on a stolid path in Q2 2023, increasing by 13.9 percent year-on-year (YoY) from an upwards revised 15 percent in Q1 2023, Bank... that almost reached as much as -13 percent at the end of 2012. Old apartments - those over five years
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Newsletter 63 - 19/02/2016
decline. Fall in apartment prices eases Greek apartment prices decreased by 5.4 percent in the fourth... successive quarter by 0.9 percent in Q4 from decline of 1.4 percent QoQ in Q3. In 2015, apartment... over the past four years. Apartment prices fell for the seventh straight year in 2015. 2 A marriage
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Athens set to press ahead with primary residence law despite differences with lenders
EconomyProgrammeframework governing the protection of primary residences from foreclosure without necessarily first... residences. The institutions also raised concerns about the inclusion of the second group of NPLs... has seen the new primary residence framework, which is due to succeed the Katseli law that expired
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