What next?

We are all sitting waiting to see if the Greek government might just come up with some useful ideas to breathe life back into the economy and tourism in particular. (Good job we are not holding our breath isn't it?). I recently read an article in the Sunday Times about buying homes all over the world, and, wouldn't you know it ...

Turkey is relaxing its restrictions on nationalities permitted to buy property there (although another article I saw earlier in the week comments on considerable cost of living increases in Turkey) whilst Cyprus has decided to abolish stamp duty on new build homes and halve the tax on resale properties. Spain too has been trying to inject some life into its property market to shift some of the thousands of unsold homes with half price VAT on new builds, whilst Greece, what is Greece doing? Nothing useful as usual!

Good job there are still people who love Greece and really want homes here, but how long can we expect that to last if all the government does is try to bleed people dry. Still, everything has been mismanaged for so long, why should we expect it to be any different now?

There is a sliver of light in the tourism tunnel, where there is talk of concessions on social security payments by employers for their employees, which whilst not in itself a great help, is a major breakthrough in the state of mind of the Ministry of Tourism. Maybe other ideas will finally dawn on our esteemed politicians instead of just worrying themselves about the next elections.
Diana