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  1. Company closures dropped sharply during the pandemic
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    and retail trade; repair of motor vehicles and motorcycles” which saw 8,082 closures. While that may seem... actually dropped 18.9 percent. In fact, only one sector saw an increase in the number of closures in 2020: electricity, gas, steam and air conditioning supply, which saw an increase of 26.4 percent

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  2. New Year reshuffle brings more MPs into cabinet, keeps key ministers in post

    PoliticsGreek Politics

    the deputy agriculture minister. Interior Minister Takis Thedorikakos has also been left out of the new... Petsas has been appointed Alternate Interior Minister, to be replaced by Christos Tarantilis... to the right” and “a party-political balancing act”. The elevation to the Interior Ministry of Makis Voridis

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  3. University bill threatens PASOK consensus as probes launched into alleged infractions by politicians
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    investigation in the Interior Ministry, which is the suspected source of the data leak, while on Tuesday.... The Interior Ministry has denied that it provides voters’ contact information, while the chief...’s EP elections, but also because the suspicions of a data leak emerged within days of the Interior

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  4. Property ownership waning in Greece as renting takes over

    Society

    an apartment, followed by 36.2 percent who owned land or another asset and 30.4 percent who owned a house. Six... for apartments and 20 percent for houses. However, it was also noted that within the last few years... two years was tourism-related property (61.9 percent) followed by apartments (24.3 percent

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  5. Greece's golden visa scheme brings revenues, but risks as well

    EconomyFeatures

    apartment blocks in central Athens to use as short term rentals. While some of these tales have... to increased demand for smaller city apartments as well as luxury properties in resort destinations... of listings on a popular online aggregator showed that long-term rents on apartments in the most popular

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  6. Building activity up again in May but with smaller rise of 1.9 pct

    EconomyMacroeconomy

    at 13,383 in 2014 from 65,474 registered in 2008. Apartment prices, which are indirectly linked to building... downward revision of Greek macro environment would lead to a sharper decline in apartment prices

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  7. Building permits shoot up by 14.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    activity is indirectly linked to apartment prices, which fell for the twenty-fifth straight quarter... drop in apartment prices in the next two years. Building activity is also related to the evolution

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  8. Major fall of 31.6 pct for building activity in July

    EconomyMacroeconomy

    activity. Apartment prices, which are indirectly linked to building activity, recorded a decline... respectively, will further delay the long-awaited rebound in apartment prices at least for the next two

    10%

  9. Building permits down 11.4 pct in August for second successive drop

    EconomyMacroeconomy

    , the number of building permits landed at 13,383 in 2014 from a high of 65,474 in 2008. Apartment...) of 2015. Over the last seven years, apartment prices in Greece have dropped by more than 40 percent

    10%

  10. Building activity down 18.8 pct in January, permits hit new low

    EconomyMacroeconomy

    ) figures indicate apartment prices contracted for the 27th straight quarter by 5.4 percent year on year in the fourth quarter (Q4) of 2015. During 2015, apartment prices dropped by 5.1 percent, while

    10%