70% of the real estate properties that have been sold in Greece during 2021 were residences and the rest 30% commercial properties and plots of land.
Middle classes are most aware of rising prices, inflation is causing consumers at all income levels to change their shopping behaviors and purchase decisions.
Greek banks posted elevated after-tax losses in 2021, amounting to €4.8 billion.
According to Nepa Economic Consulting.
One in 10 is thinking of buying more basic items such as socks, underwear etc. to create a small survival kit.
Inflation in the EU27 has been accelerating since last autumn and is gradually detaching from nominal wage growth.
While analysts at UBS see more pain ahead, it’s not as many closures as the investment bank had initially projected about a year ago.