Greek consumers are planning to cut their Christmas spending by 21 pct this year, sharply up

Asked by the Bank of Greece (BoG) on their estimations concerning the property market's second quarter, 85% of Greek realtors expect a slight drop in prices,

The crisis dominating the Greek property market will last another two years, based

Investment volumes in the first three months of 2009 fell 74% on the opening period of last year

Indications that the rapid deterioration of the global economy will slow down during the second half of 2009 are evident

For the first time in the current cycle the EU-27 office rent index is falling on both a quarterly and an annual basis.

The Business Expectation Index for the Construction sector declined significantly in May,

Newly built homes are continuously loosing ground, since the credit crunch and the fact that prices remain at high levels are forcing Greek buyers towards older, used homes.

The Technical Chamber of Greece (TEE) has been set against the mass legalization of unlicensed constructions, at any scale, including the recent legalization

The conclusions reached from the use of Google's free tools, Google Trends and Google Insights, concerning the financial and property sectors were interesting, as well as useful.

Up to seven million m2 of planned shopping centre development in Europe has been put on hold or cancelled as a result of the credit crunch, a new research report issued by C&W shows.

The 2008 economy report published recently by the Bank of Greece includes a special comprehensive section on the European policy on climate change and energy, the protection of the environment and the energy sector in Greece.

Inflation based on the Consumer Price Index dropped once again further than expected, at 1.3% in March 2009 -at levels lower than those of September 1968- from 1.6% in February 2009, according to the weekly financial analysis by Alpha Bank. This drop in inflation is due to the drop in gas and heating oil prices,

Greek buyers are continually turning to smaller and cheaper houses, according to a research by the Aspis Real Estate realtor's network, based on the network's actual transactions, conducted in the broader Athens area.