Tag #Greek Economy

Showing 121 to 132 of 153 results

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Greek Subsidized Loans Drive Up Property Prices

Greece provides subsidized loans for home purchases and energy upgrades, but increased demand is driving up prices, potentially offsetting the benefits of low-interest rates for buyers who overpay.

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44% Bias Score

Reduced Inequality
kathimerini.gr
🌐 65% Global Worthiness
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Increased Mortgage Demand Expected in Greece Due to "My Home 2" Program

Greek credit institutions expect a significant increase in mortgage loan demand during Q1 2025 due to the "My Home 2" program; 71,374 applications have already been submitted, half for incomes under €24,000, and half between €24,000 and €36,000.

Progress

24% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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Greek Household Disposable Income Soars in Q2 and Q3 2024

Greek household disposable income surged 5.1% in Q2 and 7.3% in Q3 2024 compared to 2023, driven by increased wages and property income, while savings turned positive in Q3, albeit marginally, indicating a complex interplay of economic factors and a potential shift in financial patterns; the tourism...

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36% Bias Score

No Poverty
kathimerini.gr
🌐 85% Global Worthiness
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Greece Exceeds Budgetary Targets, Paving Way for Further Tax Cuts

Greece exceeded its 2024 budgetary targets, achieving a primary surplus near 3% of GDP and a near-zero deficit, leading to planned further tax cuts, especially for the middle class, contingent on EU approval.

Progress

48% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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Greek Tax Cuts in 2026 Tied to Tax Evasion Crackdown

The Greek government plans tax cuts for 2026, contingent upon generating €3.2 billion over two years by cracking down on tax evasion through measures like myDATA and electronic invoicing; this revenue will finance the tax reductions.

Progress

36% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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Greek Developers Secure Building Permits Before Bonus Removal

Greek housing developers secured building permits in September using NOK bonuses before their anticipated removal, resulting in significantly larger average building areas (1091 sq.m in Attica) compared to previous months; the government's proposed amendment protects these permits.

Progress

36% Bias Score

Sustainable Cities and Communities
kathimerini.gr
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Masoutis Explores ANEDIK Kritiki Acquisition to Boost Attica Market Share

Masoutis, a Greek supermarket chain, is exploring the acquisition of ANEDIK Kritiki to expand in Attica, following a 44.16% sales increase since its 2019 Promitheftiki acquisition; 2024 turnover is projected to exceed €1.14 billion, with €25 million planned for 2025 investments in new stores and tec...

Progress

40% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Athens Stock Exchange Hits 14-Year High, Fifth Straight Weekly Gain

The Athens Stock Exchange closed at a 14-year high of 1,544.13 points on [Date], marking its fifth consecutive weekly gain fueled by strong bank performance (e.g., Piraeus up 2.43%) and a positive global economic climate influenced by President Trump's statements.

Progress

40% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Rapanos: Greece Needs Productive Investments, Consensus for Economic Stability

Former Alpha Bank president Vasilis Rapanos argues that Greece needs a program to attract productive investments, emphasizing consensus-building to address persistent economic challenges, including an unchanged productive structure and problematic state function.

Progress

40% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Tasoula Elected as New Greek Parliament President

Konstantina Tasoula was elected president of the Greek Parliament after intense negotiations and last-minute maneuvering, replacing Katerina Sakellaropoulou; the article details the behind-the-scenes political dynamics that led to this decision.

Progress

8% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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Athens Stock Exchange Hits 14-Year High on Banking Sector Strength

The Athens Stock Exchange closed at a 14-year high today, reaching 1,506.61 units (+1.33%), driven by strong bank performance and exceeding 1,500 units for the first time since April 2011. Trading volume reached €167.02 million, with €17.3 million in pre-arranged packages.

Progress

40% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Greek Government Weighs Intervention in Swiss Franc Loan Crisis

The Greek government is considering intervention in the issue of Swiss franc loans, impacting thousands of borrowers with €4.5 billion in debt, while facing constraints from Supreme Court rulings and concerns about financial stability.

Progress

28% Bias Score

Reduced Inequality

Showing 121 to 132 of 153 results