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  1. Drop in apartment prices continues with slower decline of 1.2 pct in Q2
    By Natasha Pantazopoulou

    EconomyMacroeconomy

    , Bank of Greece (BoG) data showed on Thursday. Compared to the previous quarter, apartment prices... in Thessaloniki. Apartment prices have been in contractionary territory since the first quarter of 2009...The nominal value of apartments in Greece fell at a slower pace of 1.2 percent year-on-year (YoY

    65%
  2. Fall in apartment prices continues with slower decline of 0.6 pct in Q3
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    showed on Thursday. Compared to the previous quarter, apartment prices contracted by 0.1 percent... areas of Greece. Apartment prices have been declining since the first quarter of 2009. The biggest...The drop in the nominal value of apartments in Greece eased to 0.6 percent year-on-year (YoY

    65%
  3. Fall in apartment prices slows to 0.3 pct in Q4 2017, 1 pct average drop for year
    Photo by MacroPolis

    EconomyMacroeconomy

    ) data showed on Thursday. Compared to the previous quarter, apartment prices rose by 0.5 percent... of 2.4 percent in 2016. Apartment prices have been declining since the first quarter of 2009...The drop in the nominal value of apartments in Greece came to 0.3 percent year-on-year (YoY

    65%
  4. Apartment prices rise 7.9 pct in Q3, continuing upward trend
    Image by MacroPolis

    EconomyMacroeconomy

    , and they increased by 5.7 percent in other areas of Greece. Apartment prices in Greece began to decline... 2012, when apartment prices showed a YoY drop of 12.8 percent. Other indicators In other relevant data...The rise in the nominal value of apartments in Greece accelerated to 7.9 percent year-on-year (YoY

    65%
  5. Turnover in tourism drops by 6.5 pct in Q1, reflecting hotel closure impact
    Photo by MacroPolis

    EconomyMacroeconomy

    -related hotel closures, while the food service index decreased at a slower rate by 1.6 percent

    65%
  6. Hotel and catering jobs propel May hiring balance to new record

    EconomyMacroeconomy

    , followed by cooks with 19,294 and hotel cleaners with 11,172. For the first five months of 2024

    65%
  7. Apartment prices fell 7.5 pct in Q1, down for the 21st successive quarter

    EconomyMacroeconomy

    Apartment prices in Greece fell by 7.5 percent year on year (YoY) in the first quarter (Q1) of 2014... quarters, this is the twenty-first successive negative reading since Q1 2009. In addition, apartment... by 63.4 and 66.2 percent respectively. The index of apartment prices peaked at 102.2 in Q3 2008 and has

    64%
  8. Newsletter 63 - 19/02/2016

    Newsletters

    for Ionian Hotel Enterprises, which owns and operates Hilton Athens hotel. Alpha holds a stake... decline. Fall in apartment prices eases Greek apartment prices decreased by 5.4 percent in the fourth... successive quarter by 0.9 percent in Q4 from decline of 1.4 percent QoQ in Q3. In 2015, apartment

    62%
  9. Study shows 341 mln a year in tax lost from short-term rentals
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    , imposing a uniform system of tax for hotels and hotel-like accommodation could generate at least 341... in the Greek hotel industry for better regulation of short-term rentals which they say attracts... and 6.8 percent. The effect is overall lower profit margins in the Greek hotel industry. Grant

    47%
  10. Greece's golden visa scheme brings revenues, but risks as well

    EconomyFeatures

    hotel units as well as luxury residences. Cyprus’s equivalent programme, which has been in operation... 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

    44%