Story perspectives

EU Leaders Unite for Affordable Housing Solutions

9/27/2025

Summary

Story summary

Portugal's Prime Minister António Costa pushes a European housing policy.
Ursula von der Leyen says a European affordable-housing plan will be presented later this year.
Greece introduced a new law to increase housing availability through Social Consideration and Social Leasing for low- to medium-income families, planning up to 10,000 units on decommissioned military bases.

History

Historical Context

The 2008 global financial crisis triggered significant housing market collapses in countries like Greece and Portugal, prompting the European Union to initiate measures such as the €1 billion fund from the European Investment Bank for affordable housing. Today, António Costa's advocacy for a European housing policy and Greece's legislation for 10,000 new units highlight ongoing efforts to combat housing shortages and promote social equity across Europe.

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Story summary

Portugal's Prime Minister António Costa pushes a European housing policy.
Ursula von der Leyen says a European affordable-housing plan will be presented later this year.
Greece introduced a new law to increase housing availability through Social Consideration and Social Leasing for low- to medium-income families, planning up to 10,000 units on decommissioned military bases.

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