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  1. Greek building activity drop decelerates to 16 pct in March

    EconomyMacroeconomy

    building activity accounts for 22 percent of total, the decrease was slightly smoother than... times higher than the GDP contraction over the same period. The stock of housing loans, which show... for the continued drop in apartment prices. The respective BoG index shows a cumulative decline of 34.7

    12%
  2. Court ruling on property tax levels could hurt future revenues
    en_GB Photo by Harry van Versendaal

    EconomyMacroeconomy

    . However, latest Bank of Greece figures show that apartment prices have fallen by 37.4 percent since... nosedived by more than 50 percent in certain areas over the past few years. This clearly suggests... euros. The MoF hopes to collect a total of 1.8 billion by the end of the year and more than 2.65

    12%
  3. Building activity down again in September but at slower rate of -11.2 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    to 16,400 in 2013 from 65,500 in 2008. The nosedive is more than three times higher than... the Bank of Greece (BoG) in November showed that apartment prices, which are indirectly related

    12%
  4. Building activity declines at slower rate of 6.4 pct in Dec

    EconomyMacroeconomy

    in 2008, more than three times the GDP nosedive within this period. Unlike other sector of the economy... for the building activity remains rather gloomy. Apartment prices, which are indirectly related to building... with a cumulative decrease by more than 13 percent over the past four years. The most updated construction

    12%
  5. Drop in building permits accelerates to 7.1 pct in Jan

    EconomyMacroeconomy

    in 2008, more than three times the GDP contraction over this period. In contrast to other business... for the building activity sector remains gloomy. Apartment prices, which are indirectly linked to building... than 13 percent over the last four years and their current rate of contraction stands at around 3

    12%
  6. Building permits increase by 4.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    the total for 2017 by 1,478 permits. However, the total for the year is roughly 84 percent lower than the 2005 peak. Much of the current building activity also centres around refurbishments rather than new builds. The most recent quarterly Bank of Greece (BoG) figures showed that apartment prices rose

    12%
  7. Building permits increase by 18.5 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    for 2017 by 1,478 permits. However, the total for the year is roughly 84 percent lower than the 2005 peak. Much of the current building activity also centres around refurbishments rather than new builds. The most recent quarterly Bank of Greece (BoG) figures showed that apartment prices rose by 7.7

    12%
  8. Building permits increase by 27 pct in August
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 1,478 permits. However, it is still roughly 84 percent lower than the 2005 peak. Much of the current building activity also centres around refurbishments rather than new builds. The most recent quarterly Bank of Greece (BoG) figures showed that apartment prices rose by 7.7 percent YoY during

    12%
  9. Building permits increase by 8.5 pct in September
    Photo by MacroPolis

    EconomyMacroeconomy

    roughly 84 percent lower than the 2005 peak. Much of the current building activity also centres around refurbishments rather than new builds. The most recent quarterly Bank of Greece (BoG) figures showed that apartment prices rose by 7.7 percent YoY during the second quarter (Q2) of the year from

    12%
  10. Building permits increase by 12.6 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    than the 2005 peak. Much of the current building activity also centres around refurbishments rather than new builds. The most recent quarterly Bank of Greece (BoG) figures showed that apartment prices

    12%