Greek real estate price hikes spark fears in locals

The Greek property market has witnessed a huge spike in rates. Data from online property ads network Spitogatos noted that the asking price…


Blackstone announces the acquisition of five hotel businesses in Greece

Barcelona, Athens, 20 September 2019 – Blackstone Real Estate Partners Europe (“Blackstone”) has reached an agreement to acquire five Greek…


Greek bond yields fall sharply after IMF loan early repayment plan

Greek bond prices rallied and yields fell sharply in the domestic electronic secondary bond market on Monday after news that the Greek…


Recovery of property prices in Greece expected to continue

Property prices in Greece have recouped 4.2 percent of the ground lost during the financial crisis, thanks to the steady course of recovery…


Indices of residential property prices: Q2 2019

According to data collected from credit institutions,(1) apartment prices (in nominal terms) are estimated to have increased on average by…


Unemployment Drops to 16.9 Percent in Greece, Lowest Point Since 2011

According to a new report that the Greece Statistical Authority ELSTAT announced on Thursday, unemployment in the country fell to 16.9…


Capital Controls to Be Lifted by the End of September, 2019

The Bank of Greece and the Greek government are ready to completely lift capital controls in Greece, media reports suggested on Thursday.…


Greece Is the Good News Story in Europe

ATHENS — If you’re looking for an optimistic story in Europe, try Greece. Yes, you read that right. Having lost a quarter of its economy in…


New Greek government bill will cut ENFIA property tax by more than 20%

ATHENS – Keeping his vow, new Prime Minister and New Democracy leader Kyriakos Mitsotakis’ government is planning to cut the hated ENFIA…


Greece hails success of 7-year bond issue

Greece's first post-election bond issue fetched 2.5 billion euros on Tuesday, securing a yield of 1.9 percent and a strong interest by…