Calamos Supports Greece

homes

Homes Worth Up to 300,000 Euros to be Exempt From E-Auctions

All residences valued at 300,000 euros or less will be exempt from foreclosure auctions using the new electronic platform, according to an agreement reached by Justice Minister Stavros Kontonis and Greek banks on Wednesday. The exemption will apply for...

Greek Homes Lose a Third of their Value in 5 Years

The Greek economic crisis has hit the housing market hard as new data for the 2009-2014 period show that the median value of Greece's first residences, declined by 34%, from 106,340 euros in 2009 to 69,834 euros in 2014. Official...