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Apartment prices down 9.2 pct in Q3 as lifting of foreclosure ban mulled
EconomyMacroeconomyApartment prices in the Greek market fell by 9.2 percent in Q3 at a slightly decelerating pace..., the drop in apartment prices accelerated from a mid-single digit level in 2010 and 2011 to a low double... ban is seen exerting further pressure on apartment – particularly small and medium – prices, meaning
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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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Newsletter 63 - 19/02/2016
), such as primary residence mortgages, small consumer loans and loans to SMEs. Those loan categories have been.... It also emphasises the fact that whatever measures Greece takes to confront the refugee crisis, the impact... decline. Fall in apartment prices eases Greek apartment prices decreased by 5.4 percent in the fourth
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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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House of cards (The rise and fall of Akis Tsochatzopoulos)
Agora, the Acropolis’s shadow virtually touched the luxury apartment the PASOK veteran purchased on Athens’ most... surprises life may throw at you. The apartment on Dionysiou Areopagitou Street was just one of many... gathered in the rain outside the luxury apartment. “Bring back our money,” they chanted. Since
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Apartment prices see 22nd straight quarter of decline: Down 7.3 pct in Q2
EconomyMacroeconomyThe drop in apartment prices in Greece decelerated for the fourth successive quarter to 7.3 percent... indicates the twenty-second consecutive negative reading since Q1 2009. Apartment prices also dropped..., the apartment price index landed at 65.1 in Q2 2014, which indicates a cumulative nosedive of 36.3 percent from
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Apartment prices fall at slower rate of 7 pct in Q3
EconomyMacroeconomyThe rate of decline in apartment prices slowed for the fifth straight quarter to 7 percent in Q3..., apartment prices fell by 1.2 percent quarter on quarter (QoQ) in Q3, which is the fourteenth consecutive..., the index of apartment prices fell to 64 in Q3, implying a sharp decrease by 37.4 percent from
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Apartment prices fall by 1.5 pct in Q3 for slowest drop since 2009
EconomyMacroeconomyApartment prices in Greece fell at a slower pace of 1.5 percent in the third quarter (Q3) of 2016.... The headline figure for Q3 is the lowest decline since 2009, when the apartment prices index fell for the first time. The comparison with the previous quarter shows that apartment prices decreased
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Apartment prices decrease at a sharper pace by 1.8 pct in Q1
EconomyMacroeconomyApartment prices in Greece fell at a sharper pace by 1.8 percent year-on-year (YoY) in the first...) data showed on Thursday. Compared to the previous quarter, apartment prices contracted by 0.5... percent QoQ. Apartment prices in Athens fell by 1.4 percent YoY in Q1, while those in Thessaloniki
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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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