The Social Housing Strategy announced by the Greek Prime Minister Kyriakos Mitsotakis at the Thessaloniki International Fair (TIF) includes 6+1 measures for cheaper housing.
Labour and Social Affairs Minister Kostis Hatzidakis, Environment and Energy Minister, Kostas Skrekas, Education and Religious Affairs Minister, Niki Kerameus, Minister of State, Akis Skertsos, and the Governor of OAED (Public Employment Service), Spyros Protopsaltis, outlined the measures in a Press conference on Thursday.
These measures are:
1. Interest-free or low-interest mortgages for young people aged 25-39
2. Mass renovation of empty houses
3. Utilization of real estate of the State through the institution of social compensation
4. Subsidy for the energy upgrade of an owner-occupied residence for young people aged 18-39
5. Housing renovation subsidy for long-term lease
6. Creation of new modern student residences
7. Increase of student benefits
Latest News
Greek Household Deposits Up for Seventh Consecutive Year
This is attributed to a rise in disposable income for individuals, which in turn is associated with a drop in unemployment and a steady uptick in wages.
Greek Wage Analysis Reveals Gender, Sector, and Education Disparities
It is also interesting to note that leadership roles remained predominantly male at a percentage of 57.3%, primarily in the 36–54 age group
Greek Household Deposits Up for Seventh Consecutive Year
This is attributed to a rise in disposable income for individuals, which in turn is associated with a drop in unemployment and a steady uptick in wages
BoG: Greek Tourism Soars – 33mln+ Foreign Tourists Jan.-Oct. 2024
Despite this surge, the average expenditure per visitor decreased by 2.5% compared to last year, standing at €589.5
Piraeus Bank: Greek GDP to Grow at Nearly 2% in 2025
Greece’s real GDP in the first nine months of 2024 increased by 2.3% on a year-on-year basis
PDMA: Greece’s Funding Needs at 15.3 bln€ For 2025
According to PDMA, the country’s total financing needs, year-on-year, are below the 10% of GDP threshold
PDMA: 6-Month Treasury Bill Yield Set at 2.61%
The auction was conducted through the Primary Dealers, with the settlement date scheduled for Friday, Dec. 27, 2024
BoG Gov Stournaras Calls for Immigration and Economic Reforms to Tackle Workforce Shortages
Stournaras categorically stated that reducing VAT on food will not solve the problem of high prices
Construction of Crete–Attica Electrical Interconnection Completed
The Crete-Attica electrical interconnection is expected to be operational from spring of 2025. It's budget exceeds €1.1 billion and has a capacity of 1,000 megawatts
Fraport Greece Unveils €600M Investment Plan to Upgrade Regional Airports
Fraport Greece ’s positive strategy is evident in its 2024 results, with the company having achieved a new record of 36.5 million passengers, an increase of 6% compared to the last year