|
|
|
Athens Macedonian News Agency: News in English, 13-12-06
CONTENTS
[01] FinMin: Setting new property objective values risky
[01] FinMin: Setting new property objective values risky
The current economic climate is rather difficult for setting new
objective values for real estate, Finance Minister Yannis Stournaras
said on Friday in a document tabled to parliament early December.
"In the current economic context characterised by large fluctuations in
the country's financial system and significant impact on real estate
market, setting new objective values is at least risky," according to
the document.
Stournaras added that as soon as circumstances permit, the government
will consider the issue of resetting real estate objective values based
on offer and demand as well as on social and economic criteria and the
country's fiscal capabilities.
|
