The Bank of Greece (BoG) announced its decision to impose a ceiling on new mortgages in an effort to prevent excessive lending.
According to the new rules that will apply from January 1, 2025, the loan cannot exceed 80% of the commercial value of the property. However, the percentage rises to 90% for those who take a mortgage for the first time.
Moreover, the cost of servicing a borrower’s loan obligations cannot exceed 40% of their annual income, with the exception of young buyers, for whom the limit rises to 50%.
Two former protected witnesses who provided damning testimony against political figures during the Novartis trial were on Monday found guilty of making false accusations and giving false testimony.
The new Road Traffic Code, voted into law in June 2025, went into full effect on Saturday, September 13, aiming to reduce road accidents and fatalities in Greece.
Prime Minister Kyriakos Mitsotakis expressed the EU's support for the Polish partners who defended the Union's eastern borders against an open violation of their airspace, after his meeting on Monday...
Who is Med Marine as it marks its 30th anniversary — and why is it turning to electrification?
METLEN has been added to the FTSE 100 stock market index, just a few weeks after being listed on the London Stock Exchange, the company’s Chairman and CEO Evangelos Mytilineos announced.
Government spokesman Pavlos Marinakis, in an interview with OPEN TV, stressed that "there has been no incident or fishing activity by Turkish vessels within national territorial waters."
The Money Laundering Authority, headed by the honorary deputy prosecutor of the Supreme Court Charalambos Vourliotis, prevents money laundering through betting companies.
The Prime Minister Kyriakos Mitsotakis, during Wednesday afternoon’s meeting of the Government Council for Economic Policy, emphasised that, a few days before presenting the main pillars of economic...
