Fitch Sees Greek Property Market Fall

With property values in Greece plummeting during a crushing economic crisis in which buyers are scarce, the ratings agency Fitch is again revising how bad it is, estimating a 42 percent drop in values. More than 110,000 businesses have closed in the last three years and Greek cities are peppered with empty storefronts and vacant properties attracting little interest, even with cut-rate rents. ...

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