AGP Executive Report
Last update: 10 hours agoHousing Policy: Greece released its National Housing Strategy 2026–2035 for consultation, proposing rent caps for low-quality and energy-inefficient homes, a permanent “My Home” mortgage scheme with tax incentives for banks, a Golden Visa tailored to long-term rentals, and VAT cuts for affordable/social housing construction. EU Budget Talks: EU leaders head to a Brussels summit with a €2 trillion long-term budget at stake, as “frugal” net-payers push for cuts while Greece and other “Friends of Cohesion” argue agriculture and regional funding must not be squeezed. Tourism & Labor: Food and tourism workers in Greece will hold a 24-hour nationwide strike on June 24, demanding wage hikes, proper overtime pay, and better working conditions amid claims of longer shifts and weaker enforcement. Energy & Prices: Greece’s business outlook is being shaped by Middle East-driven fuel and shipping disruptions, with energy price pressure feeding into higher costs for households and firms. Investment Pipeline: Project VORIA in Marousi (about €380m) is progressing toward a May 2028 opening, promising a five-star hotel, conference facilities and a casino, with claims of ~€700m in benefits and around 2,000 jobs. Maritime/Infrastructure: Greece’s Corinth Canal has reopened for summer shipping after months of repairs, a potential boost for regional logistics and trade flows.
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