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Electricity bills: €30 million “cushion” for new subsidies from September
To put out the fires lit by the heatwave and July’s wide fluctuations in the wholesale price of current for a fortnight, the government has succeeded in keeping the electricity kilowatt-hour below 15 cents with the support of power generators and the big discounts offered by the PPC.
Buyers await the new MyHome program
Home sales have recently ground to a standstill in Greece, as a large number of would-be buyers await the announcement of the terms and conditions of the new MyHome program, through which part of the mortgage interest rate is subsidized.
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Investment in houses shrinks
The housing market is running out of steam, as for a third consecutive quarter, investment has been declining.
After the activation of the measures to tighten conditions for obtaining a Golden Visa, concerns are growing about the possibility of a further decrease, while efforts turn to raising mortgage issues, which are also at extremely low levels.
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‘Blue’ power rates gain traction
As consumers struggle to find which set of power rates is ideal for them out of the "green," "blue," "yellow" and "orange" categories to be introduced from January 1, blue tariffs appear to be beating the green and yellow floating tariff.
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