Economy
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  Economy
Soaring building material prices threaten real estate market recovery

Construction cost is estimated to have been risen 20% to 25% on average.

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36 new investment projects secure financing from the Recovery Fund

The approval was granted by the Deputy Minister of Finance, Theodoros Skylakakis.

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Housing prices around the world have climbed to new heights

The UBS Global Real Estate Bubble Index analyses residential property prices in 25 major cities around the world.

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Chinese economy missed GDP growth expectations in 3Q2021

Chinese gross domestic product grew 4.9% in the third quarter.

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 Ian Williamson joins KKR

Williamson has worked within the real estate industry in Europe for 19 years.

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Greek state pays €9,2M in subsidy to 5.618 property owners

For the period January - June 2021

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Soaring energy prices continue their upward trend

Electricity prices are keeping their upward trend moving higher

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27.5% of Greek people facing the risk of poverty

In 2020, there were 96.5 million people in the EU at risk of poverty

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 Overall Turnover Index in Industry up 31.6% in August

The Hellenic Statistical Authority announced the Turnover Index in Industry with base year 2015=100.0 for August 2021, the evolution of which on the basis of provisional data, is as follows:

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Measures to control traffic in the center of Athens

The so called "Daktelios" will be effective from October 25, 2021.