Europe’s housing crisis: New strategies for rents and property plans

The lodging situation is not lone a interest for Greek society, but for each European countries.

At the inaugural of Eurogroup President and Greece’s Minister of National Economy and Finance, Kyriakos Pierrakakis, the contented will beryllium discussed by concern ministers during the informal Eurogroup gathering successful Nicosia connected Friday. The main nonsubjective is for countries to speech champion practices and argumentation approaches to tackling lodging challenges, allowing subordinate states to larn from the successful measures implemented elsewhere.

“I judge we request to analyse however galore further measures each state tin instrumentality individually, while working successful adjacent coordination with the others, successful bid to code an contented with strong κοινωνικά dimensions,” Pierrakakis said.

Agenda

According to the gathering agenda, eurozone concern ministers will besides sermon the outlook for the European system successful airy of the European Commission’s latest forecasts, which are owed to beryllium published today, taking into relationship the interaction of the situation successful the Middle East.

“There is simply a request for greater lodging supply. First of all, Greece has a ample fig of vacant properties. We person astir 794,000 vacant superior residences. Have we taken steps to summation the availability of these vacant homes? Yes, we have. Even much measures successful this absorption will follow,” Pierrakakis noted.

The European affordable lodging program presented by the European Commission successful December 2025, on with the proposals unveiled by the European Parliament successful March 2026, supply for applicable measures aimed astatine improving lodging conditions, expanding Europe’s operation and renovation capacity, and offering fiscal support to those astir affected by the crisis.

The 4 pillars of the European plan

The European affordable lodging program is based connected 4 pillars requiring action:

I. Boosting supply

II. Mobilising investment

III. Facilitating contiguous support while advancing reforms

IV. Providing support to those astir affected