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Foreign buyers invested 285 million euros in Greek properties in the 2012-13 period, confirming the view expressed recently by a number of analysts that the housing market recovery will start in the holiday home sector. For now, the majority of buyers are from Northern Europe, and especially France, the UK, Germany and Scandinavia, but there is also increasing buying interest from Russians and Chinese.
The government is considering the abolition of the so-called solidarity levy next year, Finance Minister Yannis Stournaras said on Thursday as he issued an indirect call on the General Secretariat for Public Revenues to focus on major tax evaders.