Economy

The Hellenic Capital Market Commission decided to grant authorization to REIC of CHANIA to operate as a Real Estate Investment Company.

The seasonally adjusted Overall Turnover Index in August 2022, compared with the corresponding index of July 2022, increased by 1.2%.

Seven five-star hotels, with a total investment reaching millions of euros have been added to the city's potential in recent years, especially after 2017.

The housing market has slowed markedly in recent months as the Fed has sharply raised interest rates.