Market
Residential real estate market going strong in Cyprus
Real estate transactions hit an all-time high in Cyprus last year, Deloitte has said in a report, noting that interest was focused on the residential market and on the seaside city of Limassol. It also said that it expects interest to remain strong this year, though luxury condos in high-rise developments may see a decline.
Commission: Proposal to create a common European degree in EU universities
Graduates will be more competitive in international labour markets - Cooperation between higher education institutions in at least two Member States is necessary
Property experts anticipate further growth in prices
Nearly half (44%) of more than 200 Greek property market executives who participated in Cerved Property Services' annual market survey expect further growth in property prices, which is set to happen for both new-build and old homes.
Foreign Workers Surge: Bulgaria Sees Influx from 59 Non-EU Countries
Amidst notable shifts in Bulgaria's labor landscape, citizens from 59 countries outside the European Union (EU) have found employment opportunities in the nation over the past year, signaling a significant change in its workforce dynamics.
Greek hoteliers have record expectations
Demand expectations by Greek hoteliers reached a historic high in the two months of January and February, in contrast to the rest of the Mediterranean market.
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Demand for short-term office rentals soars
The increase in demand for flexible workspaces in the Greek market is steep, as hybrid work is now a dominant and established trend in the market.
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Property market distortions
As it emerged from the constructive debate in Parliament on Friday, government incentives to attract foreign capital, such as the Golden Visa program, have ended up causing more distortions in the property market than benefiting the national economy.
The acuteness of the housing crisis, but also the traces of opacity, justify a complete revision of the current regime.
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Regulator concerned over Intrakat’s takeover of Aktor
The Hellenic Competition Commission has expressed its concern over the acquisition of construction company Aktor by Intrakat, saying that it would investigate the deal and announce its decision in roughly three months.
Competition watchdog concerned over Intrakat’s acquisition of Aktor
The Hellenic Competition Commission has expressed its concern over the acquisition of construction company Aktor by Intrakat, saying that it would investigate the deal and announce its decision roughly in three months.
Restrictions and benefits
The development of a short-term rental property market must be regulated in ways similar to those implemented by other European megacities, but not in the name of a nostalgic approach to city life.
Apart from the distortions it creates in the housing market by banishing residents from urban centers, it also ends up degrading the "product" itself.
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