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Back from the brink: What next for Greece's property market?
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EconomyFeaturesThe story of Greece’s property markets trials and triumphs over the last few years reads like the pages of a dramatic novel. There was the mighty rise followed by a sudden and brutal collapse, to today’s market which is steeped in rumour and speculation.
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Study shows 341 mln a year in tax lost from short-term rentals
EconomyFeaturesThe Hellenic Chamber of Hotels has called for a fairer system of taxing accommodation for tourists after a study highlighted the loss of tax revenue from unlicensed short-term rentals.
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Drop in apartment prices continues with slower decline of 1.2 pct in Q2
EconomyMacroeconomyThe nominal value of apartments in Greece fell at a slower pace of 1.2 percent year-on-year (YoY) in the second quarter (Q2) of 2017, following a downwards revised drop of 1.7 percent in Q1 2017, Bank of Greece (BoG) data showed on Thursday.
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Apartment prices decrease at a sharper pace by 1.8 pct in Q1
EconomyMacroeconomyApartment prices fell by 1.8 percent year-on-year in Q1 2017 following an upwardly revised drop of 1 percent in Q4 2016, Bank of Greece data showed on Thursday.
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Office prices rebound 0.6 pct in 2016 for first time since 2010, retail space prices edge down 0.4 pct
EconomyMacroeconomyThe office prices in Greece edged up 0.2 percent from the previous period in the second half (H2) of 2016, after an upward revised stronger growth of 0.6 percent in H1, Bank of Greece (BoG) data revealed on Thursday. The headline figure indicates the second straight positive reading.
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Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016
EconomyMacroeconomyApartment prices in Greece dropped at a decelerating pace of 0.6 percent in the fourth quarter (Q4) of 2016, following a decline by 1.5 percent in Q3, Bank of Greece (BoG) data showed on Thursday.
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Apartment prices fall by 1.5 pct in Q3 for slowest drop since 2009
EconomyMacroeconomyApartment prices in Greece fell at a slower pace of 1.5 percent in the third quarter (Q3) of 2016, following a revised drop of 2.6 percent in Q2, Bank of Greece (BoG) data showed on Monday.
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Greece, lenders inch forward after talks on settlement of tax and bank debt
EconomyProgrammeDiscussions between the Greek ministers and the institutions’ mission chiefs continued on Wednesday with the key focus on the out-of-court workout.
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Office prices edge up 0.2 pct in H1, retail prices drop 0.8 pct
EconomyMacroeconomyThe office prices in Greece edged up 0.2 percent in the first half (H1) of 2016 after a marginal rise of 0.1 percent in H2 2015, Bank of Greece (BoG) data showed on Tuesday.
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Who pays property tax and how much revealed by Greek authorities
EconomyMacroeconomyThe General Secretariat of Public Revenues (GSPR) published on Tuesday evening the results of the single property tax (ENFIA) settlement along with comparisons to last year. It also provided insight into who paid the levy.