“We need to have a powerful banking sector, however we discover that from the deficits that exist within the operation of the banks, the electorate all the time pay for them” “It’s absurd that the earnings of the banks are 4.5 billion euros a yr. Those cash is lacking from families and companies» emphasised Sokratis … Read more
In comparison to August 2023, non-resident traveler arrivals rose 6.6%, whilst comparable receipts fell 1.8%, BoE says For the second one month in a row, in August, on the top of the vacationer season, revenues have been lower than final yr, regardless of a vital building up in guests, in step with knowledge from the … Read more
Greece entered the “deep” summer time with receipts diminished by way of 177 million euros in comparison to the corresponding month of 2023 in step with the Financial institution of Greece The tourism sector additionally appears to be dealing with a disaster, because the accuracy turns out to have led to robust tremors within the … Read more
Family-friendly property rents have seen a cumulative rise of up to 50%, while wages are 20% below pre-crisis levels Thousands of households looking for housing are under suffocating pressure at this time. Selling prices, after the last rally fiveyear old, are mya a breather from the all-time highs of the late 2000s, and at the … Read more
“The housing problem requires a lot of public intervention and incentives to increase the supply of real estate”, emphasizes Nikos Pappas “The ceiling on housing loans it won’t lower rents and prices at real estate“, notes the head of SYRIZA’s Finance Department – PS Nikos Pappas about the new limits on the amount of mortgage … Read more
From January 1, 2025, banks will be able to grant loans covering up to 80% or 90% of the value of the property – The announcement of the Central Bank “Tafani” at the height of mortgage loans as to the value of real estate and limit in the proportion of interest payments and the borrower’s … Read more
According to preliminary data from the Bank of Greece, foreign investments in 2023 were down by 40% compared to 2022 Can the government of N.D. to claim that it brings investments, however, some worrying figures are emerging, such as the “sinking” of foreign direct investments in 2023. This produces negative results for the course of … Read more
Based on data from the Central Bank, in January 2024 private sector deposits “plunged” by 5.2 billion euros, as did loans Accuracy reaps, with the Greeks to they “eat” from the ready, making money from the deposits in order to manage to cope with the high cost of living, as can be seen from the … Read more
