The main issue for Greece is the return of investment confidence in it, and this year’s election will be very important toward that, say Michele Napolitano, Fitch’s Head of Western Europe Sovereigns and Cristina Torella, Senior Director for Financial Institutions at Fitch Ratings in an interview with Greece’s Kathimerini newspaper.
Fitch Ratings recently announced that they anticipate stability or a marginal increase in property prices in Greece over the next couple of years.
The ratings agency admits in an analysis that while the national economy’s fundamentals are displaying an improvement, the property market is not expected to benefit as much as it could because of the banking system’s limited capacity to finance stronger growth.
Read full interview at ekathimerini.com
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report
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