Building activity advances 5.1 pct in Dec, down 0.9 pct in 2015

EconomyMacroeconomy Tags: Construction, ELSTAT
Photo by MacroPolis
Photo by MacroPolis

Greek building permits grew for the second straight month in December, when they rose by 5.1 percent from 7.2 percent in November, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.

Building permits have tumbled to 13,257 in 2015 from 65,474 in 2008. This means there has been a nosedive of 80 percent over this 7-year period.

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