Market

Interest from abroad in local properties has grown 25 pct

Demand for properties from potential foreign buyers has this year soared 25 percent compared to 2018, according to an analysis by property ad website Spitogatos. The driving force behind this flurry of investments in the local realty market is made up of Americans, Germans and British house-hunters, with the Dutch behind them.

The Prices of Basic Food Products Are the Same as Last Year

"We see a stable, balanced market in the main products and the price levels are currently identical to those of last year," Vladimir Ivanov, chairman of the State Commission for Commodity Exchanges and Markets, said in the studio of the morning block. The only altered product price is for pork meat.

Property Prices in Sofia Fall at the End of the Year

In Sofia, even in the most distant neighborhoods, prices of 600 euros per square meter of living area are a mirage. This was told to Darik radio by Shtelian Kalchev, co-founder of a real estate agency with more than 10 years of experience in commenting on the scandal with the prices of the apartments of ruling party figures.

Greece's electrical goods retailers have suffered in the last decade

German electrical goods chain Media Markt is reconsidering its position in the Greek market after 13 years in the country, as - despite signs of recovery in the local economy - parent company Ceconomy appears to have lost its patience with repeated annual losses by the chain and the failure to expand its market share.

Apivita joins B Corp network

Cosmetics company Apivita is the first Greek firm to receive the B Corporation certification, becoming a member of an international network of companies and organizations that aspire to combine entrepreneurship with social welfare and use the power of markets to solve social and environmental problems.

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