Greece

During the conference of the Hellenic Property Federation (POMIDA) which was held on Saturday in Athens, the president of the Federation Stratos Paradias, underlined in his remarks the urgent need to change the legislative framework on the new property...

According to data presented by the Hellenic Federation of Property Owners (POMIDA), Greece is at the top of the list with the highest property taxes paid in the EU. As far as the taxation of property income is concerned, out of...

Just over half of Greek homeowners say they will not be able to pay all their property taxes this year, according to a new poll. The Kapa Research survey for the Hellenic Property Federation (POMIDA) found that of 1,414...

ATHENS - Property owners angry over a new "emergency" tax being put into their electric bills under the threat of having their power shut off for non-payment will find their bills since three years ago will be six times...

Four in 10 Greeks spend twice as much as the average European Union household on housing costs, according to a Eurostat survey. More specifically, four in 10 Greeks spend more than 40 percent of their disposable income on housing costs,...

Hundreds of thousands of property owners are getting increasingly desperate as property market professionals estimate that the number of unlet homes is close to 300,000 and rising. Given that there are some 1 million houses in the rental market...

The Hellenic Bank Association is ready to agree with the Greek government on a new plan which aims to protect the primary homes of property owners. Just as importantly, the new  plan will not create any unwanted financial side-effects,...

The Greek government has added yet another tax on goods and services, this time being a two-percent percent levy on the purchase of personal computers, tablets and smartphones. The levy was voted through the Greek parliament on Tuesday as a...

Greek police on Tuesday said they will not be used to enforce controversial auctions or foreclosures. In a statement, the Pan-Hellenic Federation of Police Officers (PFP) said, its members, although committed to upholding the law, were opposed to the "dangerous...

  I have been listening carefully to public interviews and statements from the presidential candidates in Cyprus and I am not convinced that after the elections the country will leap forward to a more stable future or enjoy a socially...

The Greek State requires an average of 10 documents -- in some cases up to 22 -- when a citizen wants to sell real estate property or accept a house as inheritance, according to a Kathimerini report. A new bill...

The left-led SYRIZA government is rushing through a new wave of austerity measures ahead of a crunch Eurogroup meeting of eurozone creditors in Brussels on Monday. Thousands of Greek protestors took to the streets ahead of a vote in...

Apartment building managers in Greece are striving to collect the unpaid maintenance fees as the residents cannot repay their debts because of the economic crisis. The condition in numerous apartment buildings in Greece is dramatic. Many of them don’t have...

The 2014 budget submitted to Parliament on Friday revealed important information about increased real estate taxation. According to the above, taxes of 526 million euros in 2009 are estimated to reach 2.78 billion this year and will increase further...