Ileana von Hirsch · Category:Greek Real Estate · November 19th, 2014

Cautious optimism for 2015

The Financial Times reports  on the 15th November,  that according to Elstat, Greece’s independent statistical agency, Greece is on track to surpass this year’s 0.6% growth and could reach 1% next year, largely thanks to the booming tourist market. This would make Greece the star performer of Europe, with higher growth rates than Germany – or anywhere else in Europe. Watch out for upward movement in the property market  in 2015 as confidence grows in the revenue-generating potential of real estate on the islands. Cautious optimism that the austerity measures may slowly be  giving some positive results seems to be the mood.

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