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Sino-Greek engagement: Path to 'win-win cooperation' is not always linear
Agoraa residence programme called ‘Golden Visa’. It offers a five-year renewable residency permit to non-EU... learned for the Chinese company. In May 2011, Fosun acquired a 9.5 percent stake in the Greek luxury... or residence schemes have grown considerably in the EU during the past decade. Today, 20 out of 28 EU member
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Athens set to press ahead with primary residence law despite differences with lenders
EconomyProgrammeParliament elections due in May and national elections not being too far off either, Prime Minister Alexis... has seen the new primary residence framework, which is due to succeed the Katseli law that expired... framework governing the protection of primary residences from foreclosure without necessarily first
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Primary residence talks continue amid uncertainty about draft legislation
EconomyProgrammeof the primary residence framework amid concerns that Athens is set to act unilaterally and table..., it appears that there may be a willingness to wait until next week after Alternate Finance..., when it was known that the legislation would be replaced. The lenders believe that there may
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Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
EconomyMacroeconomyBuilding activity showed signs of recovery in May with a rise of 31.6 percent year-on-year, after... Agency (ELSTAT) on Wednesday. The total number of permits issued in May reached 2,717, from 2,065 in May 2024. The corresponding surface area also saw a strong rise of 23.5 percent YoY, while volume
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Changes to primary residence protection proposed in bid to draw more applications
EconomyFeaturesarea to their main residence to apply for protection. This concession covers mainly those who live... application process for the protection of a primary residence. The data showed that 44,446 users... for homeowners to settle their debts and protect their residence from repossession. Benefits Around 100,000
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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeaturesproperly known as the “Residence Permit for Investment Activity in Greece”, gives investors and their immediate family a five-year residence permit. To qualify, under Law 4251/2014, applicants must buy... European country. Holders of the residence permit have a right, but not an obligation, to reside
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Disbursement delayed until April as lenders wait for primary residence law to be settled
EconomyProgrammethe government and the institutions over the new primary residence framework are holding up the green light... president Valdis Dombrovskis also said there had been significant progress on the primary residence.... In the meantime, work will have to continue on the details of the primary residence framework, which is due
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Primary residences back in focus as Athens waits for recovery fund decision
PoliticsGreek Politicsregarding the coronavirus recovery fund, there is growing attention on the primary residence... the EU leaders on the recovery fund, which are not expected to conclude until May so the facility... of the primary residence scheme. The programme, which protects certain homes from repossession if owners
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EC sets out improvements Athens should make to primary residence proposal
EconomyProgrammeloans secured by primary residence collateral. Additionally, the new scheme creates an additional... of 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
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Deliberations over primary residence bill set to delay green light from Eurogroup
EconomyProgrammelaw. Some reports suggest that the final details may be ironed out at Monday’s Eurogroup, allowing... or investors to be selected between May 5 and May 8. Also, Parliament approved on Thursday the splitting... on the details of the legislation for primary residences by Friday. Speaking to journalists in Brussels
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