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  1. Building activity rebounds 7.2 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    respectively, while that in the Attica region and Central Greece nosedived by more than 44 percent each... by 5 percent in 2016 and 1 percent in 2017. Meanwhile, housing loan balances have contracted by 16

    4%
  2. Building activity advances 5.1 pct in Dec, down 0.9 pct in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    ) at the end of September, up by more than 4 percentage points year to date. The latest construction.... At the same time, housing loan balances have contracted by 16.6 percent since the end of 2010

    4%
  3. Building activity slumps by 21.7 pct in June for sixth successive month
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    years. In specific, building permits landed at just 13,257 in 2015 tumbling by more than 86 percent... sector have led balances down by 18.2 percent since the end of 2010. Bank of Greece recently noted

    4%
  4. Building activity soars 35.4 pct in July mostly reflecting a low base effect

    EconomyMacroeconomy

    to a nosedive of more than 86 percent. Bank of Greece (BoG) figures showed that apartment prices retained... at 13.4 billion driving loan balances down 18.2 percent over this period. In addition, 28.1 billion

    4%
  5. Building activity rebounds 16.6 pct in Aug, largely due to low base effect

    EconomyMacroeconomy

    permits have plummeted by more than 86 percent to just 13,257 in 2015. Apartment prices fell by 2.7... balances down by almost 19 percent over this period. Moreover, around 41 percent of housing loans

    4%
  6. Apartment prices fall by 1.5 pct in Q3 for slowest drop since 2009

    EconomyMacroeconomy

    than 86 percent to 13,257 in 2015 from 95,730 in 2008, while a further decrease of 7.9 percent... of 2010 with balances down 18.8 percent on net deductions of 13.8 billion over this period also

    4%
  7. Building activity resumes downswing falling by 5.7 pct in October
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    successive year. Over the past ten years, building permits have tumbled by more than 86 percent... net deductions of 14 billion since 2011 with balances down 19 percent over this period. BoG said

    4%
  8. IMF sees much scope for reform progress, particularly on tax in Article IV report
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    burden allowing more than half of wage earners to exempt from paying personal income tax compared...Despite the significant progress made so far, Greece faces fundamental challenges such as vulnerable public finances, notable tax evasion and ineffective tax administration, impaired bank balances

    4%
  9. Building activity rebounds 2.1 pct in Dec, falls 5.5 pct in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The housing loan market remains in steady contraction since early 2011, with balances down 23.9 percent since then on extended net deductions of more than 14.5 billion euros. Moreover, 42 percent

    4%
  10. Building activity increases for second straight month after 11.1 pct rise in Jan
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    early 2011, with balances down by more than 24 percent in the last six years on extended net

    4%