Grecestate Magazine

The Scope Ratings increase the investment grade status (7-8-2023) is proof of Greece’s progress in restoring public finances over 13 years. The steady path of public debt reduction, in the context of high inflation, above-potential real economic growth, the low average interest cost of the prevailing debt portfolio and the achievement of primary fiscal surpluses”

The energy giant is planning, after the completion of the two-dimensional seismic surveys last February in the concessions – where together with the Greek energy group Helleniq Energy it has the research and exploitation rights – “West of Crete” and “Southwest of Crete” the first exploratory drilling. The planning shows the rig falling on target

New data in the real estate market is set by the doubling of the threshold for obtaining a “golden visa” through the purchase of real estate by citizens of third countries from 250,000 to 500,000 euros. The new limit applies from August 1 and concerns the central, northern and southern sectors of Attica, Mykonos, Santorini

Greece “attracts” foreign millionaires thousand foreign settled in 2022 and even more will come in 2023 as the mobility of the world’s wealthy families returns to pre-pandemic levels, with Greece’s Golden Visa program boosting its popularity. More than 1,200 foreign millionaires will choose Greece as their permanent base this year, as there is currently a

Strong investment interest from Europeans as well as Americans is recorded for the purchase of a country house. For some, it is a means to diversify their investment portfolios and hedge against inflation. For others, it is a way to achieve a better return on their investment than they could find in their home countries.

The increasingly strong demand for luxury homes in Athens from individuals with particular financial power and the limited supply of such real estate stock, even if you take into account projects that are underway but will take time to enter the market, has started to shape prices above of 25,000 euros per square meter. In

Growth of 2.6%, more than three times the 0.8% it predicts for the Eurozone, the IMF expects for Greece in 2023, at the same time estimating that our country will have an average annual inflation of 4% this year compared to 5.3% of its zone euro. In particular, in the report on the prospects of

The New Airport Paros it is about the upgrading and modernization of provide for the improvement of existing infrastructures and the development, which will satisfy the increased transportation needs of residents and tourists while it is expected to put the island on a new development. The contract has already been signed between the contracting authority,

Remember Grexit? That was 2015, and unlike Brexit a year later, the pejorative for Greece is a faded figure of speech invented by the London news media, who are now belatedly acknowledging their own stupidity in contributing to the disastrous UK vote Vassiliou for the exit from the European Union. Almost everyone at the time