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Rental Rates in Attica Decline While Prices for Short-Term Leases Soar

Although the rental rates for homes has dropped in Attica, the demand for short-term lease from the international market is still very active. According to...

EnergyMin Says If Oil Prices Increase Government Will Take Measures

If the price of oil drastically increases the government will take the necessary measures, Environment and Energy Minister Giorgos Stathakis said on Monday, speaking...

Greek Household Income Shrinks Even Further With More Belt-Tightening

Greek families that have seen their household incomes butchered noted an even greater reduction according to data released by the Hellenic Statistical Authority (ELSTAT)....

BoG: Financial Crisis Causing Property Prices to Free-Fall

Property prices are in free-fall, with apartment prices down 41.4% in the 2006-2016 period, Theodoros Mitrakos, vice-governor of the Bank of Greece (BoG) said...

ELSTAT: Household Budgets Dropped a Little Bit More Last Year

The Hellenic Statistical Authority (ELSTAT) announced the results of the Household Budget Survey (HBS) conducted in 2015. The survey, presented on Wednesday, was conducted on...