Economy
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The EU approves Greek primary residence protection scheme

The modifications that were approved are in favour of indebted households.

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  News Economy  |  Europe
ECB is unlikely to raise interest rates in the 3Q2022

The euro area economy continues to recover strongly, although at a more moderate pace.

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Within a month the tender process for the Residential Purchasing and Resettlement Agency

Strong investment interest from foreign investment funds.

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Strong evidence of significant natural gas deposits in Crete

Greece has now a unique opportunity to enhance R&D, according to the Hellenic Hydrocarbon Resources Management.

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  News Economy  |  Analysis
 Greek banks are gradually reducing NPEs according to BofA

Non performing loans in Greece reach 14,84% of total outstanding loans.

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 Real estate auctions under the new legal framework

Foreign investors are seeking returns between 15% and 25% within the next three - five years.

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  News Economy  |  Tourism  |  Analysis
hort term rentals pros and cons

The disadvantage selected most frequently is that short-term rentals cause an increase in nuisance by tourists.

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13,45% jump in natural gas consumption

Gas imports amounted to 57.73 TWh, recording an increase compared to 53.54 TWh in the first nine months of 2020

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Iconic Greek real estate properties are to be disposed in auction

More than 99.500 property auctions have been published on the state's online platform, the proceeds for which have already been started.

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 Inflation in Greece jumps 2,2% in September

In September 2020, the annual rate of change of the CPI was -2.0%.