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Property sector in danger? More countries may follow Spain’s tax moves

France, Greece and Portugal could also follow Spain’s lead and potentially make significant property tax changes in an effort to tackle their respective housing crises and make real estate more affordable to residents. Following Spain’s recently proposed 100% property tax on non-EU buyers, there have been increasing concerns about other major European countries such as […]

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ECB tells banks to factor in further drop in property prices

Reuters November 7, 20234:19 PM GMT+2Updated 3 days ago A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko Becker/File Photo Acquire Licensing Rights FRANKFURT, Nov 7 (Reuters) – Euro zone banks should factor in the risk of a further fall in property prices when […]