Following the successful completion of two earlier rounds, Greek authorities are moving forward with an expanded housing affordability program aimed at helping first-time homebuyers access low-cost loans. The third phase will allocate €500 million in funding to support around 16,000 beneficiaries seeking to purchase residential properties. Prime Minister Kyriakos Mitsotakis has signaled openness to this additional program cycle, though details regarding modifications to property regulations and loan terms remain under review. The announcement is expected to be formalized during the upcoming Thessaloniki Trade Fair, a major venue for economic policy unveilings in Greece. The initiative represents a continued government commitment to addressing housing affordability challenges across the country.
Economy
Greece Prepares Third Phase of Housing Support Program with €500 Million Fund
The Greek government is preparing to unveil a third iteration of its affordable housing initiative at the Thessaloniki Trade Fair, designed to assist approximately 16,000 households with subsidized mortgage schemes.
