Record year for Greek tourism raises concerns about sustainability
Record FDI flow into Greece raises bar, but is it sustainable?
Balance of payments shows shipping on course for bumper year, but economic benefits unclear
One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
Impact of inflation already widespread, but data suggests worse to come
Discussion over PEPP, SGP draw attention to rising yields
What is driving the Greek housing market's recovery?
When it comes to Greek house prices, there’s good news and there’s bad news. On the one hand, some read the recent rebound in property values almost to pre-crisis levels as a sign that the Greek economy is returning to normality after the decade-long financial crisis. On the other hand, policy makers are beginning to warn that a potential housing boom could pose a risk to economic recovery.
To explain some of the ambivalence around the subject it is important to look first at what factors are behind the recent rally, and why, in those famous last words, it might be different this time. For the same reason, it is crucial to understand the k...
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