November 11, 2021
As we roll into the second year of COVID-19, the world has seen excess mortality rates, economic downturn and anxiety on an unprecedented degree. IMF trims 2021 GDP forecast, citing "vaccine divide" & Greece fears a possible 5th wave of COVID-19. However, even though COVID-19 has forced the country to impose lockdown which have cost many billions of euros to an economy slowly emerging from a decade-long crisis, Greek real estate showed significant resilience & set to rebound.
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Greek Real Estate Market Overview | Q3'21
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