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The Greek Current
The Greek Current

Greece's housing crisis and the Golden Visa scheme

Over the past years Greece has seen a sharp increase in home prices and rents, with many talking about a housing crisis as Greeks are being priced out of the property market. This has put the spotlight on the Golden Visa scheme. Yiannis Mouzakis, the co-founder and editor of Macropolis.gr, a political and economic analysis site that focuses on Greece, joins Thanos Davelis to look into Greece’s housing crisis and the Golden Visa scheme. We also explore whether it's time, now that the Greek economy has returned to a much more stable path, for Greece to rethink this scheme and take bold steps to address this crisis.

Read Yiannis Mouzakis’ latest here: Time running out for Golden Visa as housing problems increase

You can read the articles we discuss on our podcast here:

Farmers intensify protests, block highways

Private universities bill unveiled

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Secretary Rubio visits Greece, the Strategic Dialogue, and the region's Turkey dilemma

Athens was buzzing this week as Secretary of State Marco Rubio visited Greece. His speech with the Acropolis in the background made headlines around the world, and his emphasis on Greece’s role as “a source of stability in an unstable world" and a “model ally” did not go unnoticed. Beyond Rubio’s comments, his visit coincided with the 6th US-Greece Strategic Dialogue, reflecting the excellent...

Greece lures hedge funds and rebuilds market trust while NATO looks to put Greenland saga behind it

At the height of the last decade’s financial crisis, Greece was not only struggling to keep capital in the country, but its borrowing cost was also sky high. Today, Greece is wooing the world’s leading hedge funds with a new tax regime designed to lure investors to establish substantial operations in Athens, and we’ve already seen it persuade billionaire Chris Rokos and the hedge fund...