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  1. 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

    3%

  2. 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

    3%

  3. 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

    3%

  4. 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

    3%

  5. 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

    3%

  6. 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

    3%

  7. 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

    3%

  8. 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

    3%

  9. Despite recovery in previous three months, building permits down 9.9 pct YoY to July
    Photo by MacroPolis

    EconomyMacroeconomy

    2024. The corresponding surface area also saw a rise of 12.5 percent YoY, while volume rose sharply.... The corresponding surface area was down by 18.2 percent while volume was also down by 11.8 percent

    3%

  10. Scope leaves rating unchanged at 'BBB', ups outlook to positive
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    of the euro area, supported by robust domestic demand, a thriving tourism sector, and a wave... to narrow Greece’s gap with its euro-area peers. Greece’s fiscal performance remains a strength

    3%