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Greece

Bloomberg: Greek Banks See increase in Housing Loans by 2015

Greek banker Theodoros Kalantonis, who has survived the worst of times in the past six years, said he can finally see the resurrection of home lending, in an exclusive interview at Bloomberg News Agency. Next year “will be a turning point for...

Greek Real Estate Market Still on Downward Slope

The Greek real estate market is still on a downward slope due to the lack of demand, the decline in people’s revenues and the overbearing tax burdens. In particular, Eurostat reveals that the Greek real estate market experienced the second-biggest...

Greece Fourth in Property Taxation in the EU, Study Finds

Greece holds fourth place in the EU regarding the issue of property taxation, according to a study conducted by the Foundation for Economic and Industrial Research, or IOBE. The study also found that in comparison with 2007, Greece’s real estate market...

Greece's Rents on the Rise According to Survey

According to a survey conducted by RE/MAX Greece, the rent prices in the country have increased on average by 8.4 percent compared to last year, while wages are frozen, and pensions are about to be cut yet again. The main...

The Elections, The Crisis And Why Greece Urgently Needs A New Solon

For the Greek people, the economic crisis has an aspect of ancient tragedy mixed with a bad theatrical farce, staged on behalf of Ms. Merkel as well as Greek politicians. As the crisis deepens, more than 250,000 people visit...