
Forbes.com: Greek Crisis Sparks Overseas Interest In Local Real Estate
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European leaders have found an eleventh hour agreement on a third bailout plan that may pull Greece from the brink of bankruptcy, although discontent about the conditions of the deal is rife in the troubled Mediterranean country.
Provided the Greek Parliament approves the urgent measures requested by the European summit, the Greeks can look forward to an easing of the capital controls that have strictly limited the amount of cash people can withdraw from their bank accounts. However, it may take longer to return to normality in sectors such as real estate, whose fortunes will vitally depend on how the Greek economy adjusts in the next few months.