Real property law

The government has decided to include legal entities that lease out properties to companies benefiting from the 80% rent cut in its landlord support program, as it realized that they too have suffered a huge blow.

More than 200,000 enterprises will pay just 20% of their pre-crisis rent in January and February 2021. According to what Prime Minister Kyriakos Mitsotakis told Parliament on Tuesday, the measure will concern enterprises forced to stay shut during the festive season.

Retail is expected to enter a period of major restructuring in the coming months, as the coronavirus crisis that came hot on the heels of the financial crisis of the 2010s is bringing commercial store owners and shopkeepers into conflict.

The Finance Ministry is in the process of creating a data bank for all active property rental contracts across Greece.

As of Monday, the Hellenic Land Registry website www.ktimanet.gr is to start posting cadastral data for the Municipality of Athens. Authorities are calling on more than half a million citizens who have declared ownership of properties within the municipality to check the accuracy of the data recorded ahead of its finalization.

Cadastral data for the Municipality of Athens will start being posted online as of June 1 on the Hellenic Land Registry website.

Property owners have serious concerns about the level of the compensation they will get for their revenues lost to the 40% rent cuts instructed by the government in favor of the companies and employees hurt by the pandemic. They also want to know how, precisely, they will be compensated.

The state will cover only a third of landlords' losses from the 40% rent reduction for tenants who were hurt professionally by the coronavirus measures.

Greek police evacuated about 50 migrants from a squat in the central Athenian district of Exarchia during a raid early Monday morning, state-run news agency ANA-MPA reported.

According to information cited by the agency, the migrants are mainly from Syria and Congo and included more than 10 children.

The building on 58 Themistokleous Street had functioned as a squat since 216.

The government must do everything in its power to help prop up businesses that have been harmed by the coronavirus lockdown measures. However, it cannot continue to intervene to such an extent forever, altering the terms of contracts and agreements, as it did over the issue of rents.