One in two foreign real estate buyers prefer Greece for the purpose of investment, while one in five proceeds to purchase for owner-occupied housing. These findings result from research by RE/MAX Greece based on completed sales and confirm that foreign investors choose the Greek real estate market consistently and over time, while many come to Greece permanently after their retirement.
"As the monetary tightening has caused a general increase in interest rates and weaker growth, there is no room for complacency in fiscal policy", stressed Giannis Stournaras speaking at the EUROFI 2023 High Level Seminar. The governor of the Bank of Greece pointed out that "it is imperative that the fiscal orientation to remain restrictive and the new fiscal rules (which are more flexible and avoid the pro-cyclicality of the previous ones) to apply in the eurozone from the beginning of 2024".
The government will table a supplementary budget of nearly 600 million euros over the massive cost to the economy of Storm Daniel, National Economy and Finance Minister Kostis Hatzidakis told ANT 1 TV on Wednesday.
The situation continues to be difficult for the inhabitants of Volos, the capital of the regional unit of Magnesia, who are still without drinking water. According to scientists, tap water in the coastal city is still unsafe to drink.