Analysis

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.

The rating upgrade reflects “Cyprus’ stronger-than-anticipated economic and public finance performance during 2021.

The average minimum asking rent in Athens is 8.15 euros / sq.m. and the average maximum at 11.4 euros / sq.m.

This quality result does not only refer to 2021, but also to data for foreign direct investments in Greece during the last 4 years.