Category: economic insights
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The ‘Red Lights’ That Are Flaring Up Again Behind the Disappearing ‘Red Loans’
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The latest published data from the Bank of Greece regarding the status of ‘red loans’, the massive pit that nearly swallowed the entire economy over the last decade, has sparked genuine excitement! The reason is that the percentage of ‘red loans’ or NPLs as they are now called, has reached European levels after decreasing in…
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Are There No Apartments for Sale or Are They Being Hoarded for Gold?
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Lately, there has been much talk about the government’s efforts to strengthen programs like ‘My Home 2’ to help new families acquire their own homes. However, there simply aren’t enough properties meeting the criteria. Ultimately, it seems that something isn’t adding up, and reasons are being sought. The common explanation is either the available properties…
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Critical Updates This Weekend: Trade Deal Between US and UK Amid US-China Talks in Switzerland
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Beyond the headlines of recent events, including the selection of the new Pope, one of the most significant developments has been the announcement of a trade agreement between the United States and the UK. However, amidst this news frenzy, it’s easy to lose sight of what truly matters. Let’s dissect the sequence of events step…