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  1. DBRS ups Greece's rating one notch further into investment grade

    Economy

    reflects balanced risks, as Greece benefits from a credible policy framework under the EU and euro area.... The growth rate has outpaced the euro area average since 2021, with GDP expected to expand by 2.2

    12%

  2. Building activity ended 2024 strongly, permits up 14.9 pct in 2024
    Photo by MacroPolis

    EconomyMacroeconomy

    2,533 in December 2023. The corresponding surface area rose by 12 percent YoY, while volume dropped... up by 14.9 percent YoY to 30,992. The corresponding surface area was up by 16.8 percent while

    12%

  3. S&P moves Greece further into investment grade with 'BBB' rating, stable outlook

    Economy

    trend of outperforming the broader euro area. Real GDP growth is projected to average 2.3 pct over... significantly exceeded the 0.9 pct growth rate achieved by the euro area during the same period. While

    12%

  4. Building activity starts 2025 with sharp YoY drop of 17 pct in permits
    Photo by MacroPolis

    EconomyMacroeconomy

    in January 2024. The corresponding surface area also had sharp declines of 37 percent YoY, while..., permits were up by 14.9 percent YoY to 30,992. The corresponding surface area was up by 16.8 percent

    12%

  5. Building activity records another sharp drop of 21.9 pct YoY in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    in February reached 2,142, from 2,744 in February 2024. The corresponding surface area also had sharp..., permits were down by almost 20 percent YoY to 3,904. The corresponding surface area was down

    12%

  6. Building activity collapses by 41.3 pct YoY in Mar due to uncertainty over construction code
    Image: MacroPolis

    EconomyMacroeconomy

    in March 2024. The corresponding surface area also had sharp declines of 53.7 percent YoY, while volume... to 6,110. The corresponding surface area was down by 43.2 percent while volume was also down by 33

    12%

  7. Building activity continues to slide in Apr, 4M permits down 26 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    in April 2024. The corresponding surface area also had a sharp decline of 32.2 percent YoY, while... percent YoY to 8,444. The corresponding surface area was down by 40.5 percent while volume was also down

    12%

  8. Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
    Photo by MacroPolis

    EconomyMacroeconomy

    in May 2024. The corresponding surface area also saw a strong rise of 23.5 percent YoY, while volume... percent YoY to 11,161. The corresponding surface area was down by 30.8 percent while volume was also

    12%

  9. DBRS leaves credit rating of 'BBB' and stable outlook unchanged

    EconomyMacroeconomy

    . The agency notes that Greece’s economy expanded by 2.3 pct in 2024, outpacing the euro area average of 0.9... is supported by EU and euro area membership, credible policy framework, and strong political consensus

    12%

  10. Despite rise of 6.1 pct YoY in June, building permits down 13.8 pct in H1
    Image: MacroPolis

    EconomyMacroeconomy

    . The corresponding surface area also saw a rise of 17.8 percent YoY, while volume rose by 16.9 percent.... The corresponding surface area was down by 23.9 percent while volume was also down by 18.3 percent

    12%