MacroPolis

Energy at forefront as Athens prepares for creditors’ return

Athens has reached a comprehensive agreement on energy issues, which was one of the biggest obstacles in the way of a staff-level agreement (SLA) being secured by December 4.

Fall in apartment prices continues with slower decline of 0.6 pct in Q3

The drop in the nominal value of apartments in Greece eased to 0.6 percent year-on-year (YoY) in the third quarter (Q3) of 2017, following a drop of 1.2 percent in Q2 2017, Bank of Greece (BoG) data showed on Thursday.

Coalition appears to reach common ground with notaries over property auctions

The government believes that it has reached an understanding with Greece’s notaries that will lead to them calling off their strike and allowing electronic auctions to begin at the end of the month.

Minister proposes way forward for auctions as pressure mounts from banks, creditors

After discussions with notaries on Wednesday, the Greek government has proposed a way of overcoming concerns about their safety during auctions of properties that have been repossessed by banks.

Effort to end notaries' strike amid concern for auctions, NPLs

The Greek government is searching for a way to overcome the concerns raised by notaries regarding property auctions, which has led to the latter group refusing to take part in any more such transactions this year.

Back from the brink: What next for Greece's property market?

By: Omaira Gill

The 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.

Study shows 341 mln a year in tax lost from short-term rentals

The 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.

Drop in apartment prices continues with slower decline of 1.2 pct in Q2

The 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.

Apartment prices decrease at a sharper pace by 1.8 pct in Q1

Apartment 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.

Office prices rebound 0.6 pct in 2016 for first time since 2010, retail space prices edge down 0.4 pct

The 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.