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MYHOME, LLC.

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.

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.