22 March 2018
303 articles, 31 pages

BoG’s annual report reflects market uncertainty

16 April 09 |
Bank of Greece director, Mr. Provopoulos appears moderately optimistic concerning the course of the real estate and construction markets, a sentiment apparent in his yearly report on the Greek Economy.

New Spatial Plan proposed by Public Works Minister

13 April 09 |
Greek Minister of Public Works has announced the proposed Spatial Planning Framework for the Athens and Attica region. Among others, the proposed urban planning framework includes speeding up the process of

38,000 businesses one step from lock down

06 April 09 |
At least 38,000 Greek companies are on the verge of shutting down their business, while 134,000 are booking losses and approximately 200,000 are considering cutting down on staff,

Global economy expects little from G20 summit

01 April 09 |
The G20 Summit to be held in London on April 2 is currently in the global economy's center of attention. Analysts though

Tourist firms mull over cutting prices for Bulgarians

23 March 09 |
Discounts of 10 to 30% for Bulgarian holidaymakers and preferential offers for public employees are some of the measures to jump-start the local

UK gov't should 'build more houses'

23 March 09 |
The U.K. government should build public housing to help the economy emerge from the recession, a group chaired by Bank of England policy maker Kate Barker said.

Home buyers majority pays in cash

13 March 09 |
Seven in ten realtor’s customers, mostly in the southern suburbs claim they are thinking of buying a home in the future, while 6 in 10 buyers pay with cash, as long as the property’s value doesn’t exceed €100,000-€120,000.

Global hotel markets to feel pressure in 2009

09 March 09 |
Global hotel markets are expected to continue to feel pressure from contracting economies and reduced leisure and business travel across much of the world in 2009.

Home prices down by 20% in Peloponnese

05 March 09 |
One after the other, Greek sub regions are facing the shock wave from the crisis, forcing local real estate markets into steep terrains. The Peloponnese in particular, which was just starting to recover from the devastating fires that took place about two years ago, now has to face the consequences of the credit crunch.

Retail properties under lease and turnover squeeze

04 March 09 |
Low consumer sentiment and the effects of the financial crisis are the major causes for the shrinking observed in Greek retail, according to real estate
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