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  • Photo by MacroPolis Property price rise accelerates in Q3 with 11.2 pct increase

    EconomyMacroeconomy

    The increase in the nominal value of apartments in Greece remained on a solid footing in Q3 of this year, rising by 11.2 percent year-on-year (YoY), from an upwards revised 10.1 percent in Q2, Bank of Greece (BoG) data released on Tuesday showed.

  • By Panayotis Tzamaros/Fosphotos Property prices rise by 9.4 pct in Q2, close to all-time high

    EconomyMacroeconomy

    The rise in the nominal value of apartments in Greece remained strong in Q2 of this year, rising by 9.4 percent year-on-year (YoY), from an upwards revised 9.3 percent in Q1 2021, Bank of Greece (BoG) data released on Thursday showed.

  • Photo by MacroPolis Mitsotakis unveils property tax reduction, searches for pre-election narrative

    PoliticsGreek Politics

    After taking a battering over the past few days due to the problems caused by the Elpis snowstorm and the extra political pressure caused by Sunday’s no confidence vote, the government launched on Wednesday its attempt to break out of what it sees as a damaging war of attrition with its political opponents.

  • Image by MacroPolis Apartment prices rise 7.9 pct in Q3, continuing upward trend

    EconomyMacroeconomy

    The rise in the nominal value of apartments in Greece accelerated to 7.9 percent year-on-year (YoY) in the third quarter, from an upwards revised 6.2 pct in the second quarter, Bank of Greece (BoG) data released on Tuesday showed.

  • Photo by MacroPolis Rise of property prices continues with 4.6 pct increase in Q2

    EconomyMacroeconomy

    The rise in the nominal value of apartments in Greece accelerated to 4.6 percent year-on-year (YoY) in the second quarter (Q2), from an upwards revised 3.5 pct in the first quarter (Q1), according to Bank of Greece (BoG) data released on Thursday.

  • Photo by MacroPolis Post-Covid era dawns on new landscape for bad debt in Greece

    By: Georgia Nakou

    EconomyFeatures

    At the peak of the Greek financial crisis, Greek banks had accumulated over 100 billion euros of bad loans. At the time, almost half of their outstanding loan amounts fell into this category, with borrowers falling behind on their repayments or deemed as being unlikely to pay.

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