Thursday November 27, 2014 Search
Weather | Athens
14o C
8o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Construction activity posts big rebound in November

Construction activity continued its recovery for a second straight month in November, compared with the same month in 2012.

Hellenic Statistical Authority (ELSTAT) data showed on Wednesday an 89 percent jump in volume, along with a 36 percent rise in the number of building permits issued and a 62.8 percent increase in surface area.

A recent analysis report by Alpha Bank attributed the rise in private construction activity, which began in October, to significant extensions to manufacturing units and tourism accommodation properties, mostly in northern Greece (Eastern and Western Macedonia and Thrace) as well as on the Greek islands.

Alpha sees the number of permits and the volume of new buildings growing further in the first quarter of this year, expected to average 15 percent on an annual basis. Consequently investment in housing is expected to stop falling this year after an estimated 35 percent slump in 2013.

ekathimerini.com , Wednesday February 12, 2014 (22:17)  
Greek tobacco firm Papastratos planning 25-mln-euro investment
Bourse index recovered on Wednesday
EU finds seed money for investment plan to unlock EIB funds
Greek, German, Portuguese, Spanish debt to benefit most from ECB QE - ABN Amro
Independent Greeks MP to be questioned over bribery claims
Independent Greeks MP Stavroula Xoulidou is to appear before a Supreme Court prosecutor on Thursday to answer questions regarding claims that she was offered a bribe to back the government's...
Greece paralyzed by major strike, flights cancelled
Greek labor unions staged a 24-hour strike on Thursday that cancelled hundreds of flights, shut public offices and severely disrupted local transport, in the first major industrial action to...
Inside News
SOCCER
Atletico drubs Olympiakos 4-0, leaving Reds with slim chances of CL qualification
Atletico Madrid avenged its 3-2 defeat in Piraeus in September with a 4-0 win over Olympiakos on Wednesday, meaning the Greek champion only has mathematical hopes left for a spot in the next...
SOCCER
Atletico eyes last 16 berth against Olympiakos
Greek champion Olympiakos faces a tough task if it is to prevent last season's beaten finalist Atletico Madrid sealing its passage into the last 16 of the Champions League at the Vicente Cal...
Inside Sports
COMMENTARY
Scraping together the 180 MPs will not be enough
Even if the coalition government was to scrape together the 180-MP majority it needs to elect a new President in the 300-seat House, skeptics say, what will change really? There is one evide...
EDITORIAL
Taking back whats stolen
A large group of public prosecutors and state officials (coming from various departments) have been working on major corruption cases. Of course it is their duty to do so, yet their actions ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Greek tobacco firm Papastratos planning 25-mln-euro investment
2. Independent Greeks MP to be questioned over bribery claims
3. Greece paralyzed by major strike, flights cancelled
4. Chief suspect in Piraeus bar shooting arrested
5. Bourse index recovered on Wednesday
6. Greece scrambles to find food, shelter for 700 migrants on crippled ship
more news
Today
This Week
1. Troika talks to continue after failure to wrap up negotiations in Paris
2. Greece scrambles to find food, shelter for 700 migrants on crippled ship
3. Chief suspect in Piraeus bar shooting arrested
4. Greek diplomat dies in fall under Thai train
5. Bourse index recovered on Wednesday
6. Greek, German, Portuguese, Spanish debt to benefit most from ECB QE - ABN Amro
Today
This Week
1. Give Greece a chance
2. Biden heads to Istanbul amid tension over Cyprus EEZ violation
3. Scientists expand excavation of ancient Amphipolis
4. Extremism from a bygone era
5. Piraeus nightclub shooting leaves 3 seriously injured
6. Coscos Greek unit adds multinational rail-freight client
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.