Greek Banks Relieved by Freeze on Foreclosures

The American newspaper, The Wall Street Journal, commented on the recent decision of the Greek government to extend for one more year, the suspension...

Development Ministry Defends Foreclosure Rules

The Greek Minister of Development, Kostis Hatzidakis on Thursday defended draft legislation on non-performing mortgages. The opposition disapproves and claims that the government is...

House Prices Drop in Greece

According to the Bank of Greece’s Monetary Policy report published on Tuesday, since the beginning of the financial crisis five years ago, in 2008,...

Greece’s Property Taxes Among Highest in EU

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...

“Asteras” Investment Under Investigation

An investigation was ordered by the Prosecutor, Eleni Raikou, after accusations of fraud and embezzlement was made public by the regional councilor, Nikos Galanos,...

Provocative Stance by Troika

The negotiations between Troika and the Greek Government concerning Troika’s plans for the auctioning of primary residences, have reached their limits. Troika’s representatives appear...

New Problems With Real Estate Tax Bill

  The Troika has come up with new objections and demands on the property tax bill, and have asked the Greek government not to submit it...

Countless Auctions in Greece

Greece is facing forced auctions of real estate whereas banks are burdened by toxic loans that have increased dramatically, mentions Wiener Zeitung. "The toxic loans...

Greece is the World Champion of Low Property Prices

At a time when there is an increase in the value of homes worldwide, the Greek housing market is going in the exact opposite...

Four in Ten Greeks Can’t Pay Property Tax

According to a survey conducted by MARC company on “Τhe trends in the property market”, which was presented on Oct. 3 by the company’s...

Russians Buy Houses in Pelion

A particular interest in investments for the region of Thessaly, Greece, and mainly for Pelion and the Sporades islands is expressed by foreigners, potential...

Chinese Man 1st To Get Residency Permit

Greek Prime Minister Antonis Samaras' plan to lure people with money to the country by offering them residency permits for buying properties worth more...

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