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Apartment prices rise in Q2 by a strong 13.9 pct YoY despite slight slowdown
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece remained on a stolid path in Q2 2023, increasing by 13.9 percent year-on-year (YoY) from an upwards revised 15 percent in Q1 2023, Bank... that almost reached as much as -13 percent at the end of 2012. Old apartments - those over five years
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Special tax structure would benefit hotels and jobs, bank argues
EconomyFeatureson the tourism industry and the job creation it entails, the bulletin notes that in 2017, the hotel... quoted in the report, the hotel industry in Greece has undergone strong growth since 2004. In 2004, 8,899 hotel units were in operation in the country, increasing by 9.9 percent to 9,783 in 2017
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New asylum law comes up against old failings
AgoraAt the reception centre for asylum seekers in Rijswijk, bicycles are parked neatly like they would be outside any apartment complex or office block in the Netherlands. Joyous shrieks are heard nearby... where there is a reaction from local communities, such as in Vilia, where locals attacked a hotel
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Newsletter 97 - 25/11/2016
. Apartment prices dropped at a slower pace of 1.5 percent in the third quarter (Q3) of 2016, after a fall of 2.6 percent in Q2, BoG data showed. Compared to the previous quarter, apartment prices declined for the second straight quarter by 0.6 percent in Q3. As a result, the apartment prices index
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Newsletter 106 - 10/02/2017
deficit increasing at double-digit rate of 11.8 percent. Fall in apartment prices eases in Q4 Fall in last quarter is the slowest since early 2009, when prices dropped for the first time Apartment prices... drop rate since Q1 2009, when the apartment prices index fell for the first time. Compared
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Newsletter 86 - 26/08/2016
. Apartment prices fell by 2.7 percent in Q2, following a drop of 4.7 percent recorded in the previous... displayed apartment prices contracted for the 21st straight quarter by 0.6 percent in Q2. Since the peak of 102.2 in Q3 2008, the apartment prices index has fallen by 41.7 percent to a record low of 59.6
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Plans for Hellinikon development set out, emphasis on real estate revenues
EconomyFeaturesincluding a marina hotel and residential tower, are part of the second phase. The size of the project means... borrowing, 400 million euros from the pre-sale of luxury apartments and 150 million from a pending bond
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Newsletter 247 -10/04/2020
the camp populations in hotel accommodation. In the past week, the Greek authorities placed two migrant... for Greece’s property market, which saw the nominal value of apartments in Greece reach 7.5 percent
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Hotel and restaurant jobs boost hirings balance in March
EconomyMacroeconomyGreece’s employment balance in March was positive by 61,912 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in March last year was 34,373, suggesting an improvement by 27,539 jobs. M...
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Hotel and restaurant jobs keep hiring balance positive in Feb
EconomyMacroeconomyGreece’s employment balance was positive in February, with 24,543 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in February last year saw 23,186 more hires, a year-on-year improvem...
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