construction

According to recent data from the Hellenic Statistical Authority (ELSTAT), the General Index of Construction Material Prices for New Residential Buildings rose by 5.5%.

This change directly affects properties created from the subdivision of larger plots before 1985, which do not have direct access to public roads.

Underground houses and hotels, once a necessary adaptation, are now popping up around islands, raising alarm to locals and architects

The Total Building Activity (private and public) in Greece, in May 2024, based on the issued building permits, amounted to 2,065.

Focusing on Private Construction Activity during this period, there was a 41.8% increase in building permits nationwide, a 40.2% rise in the area, and a 26.8% expansion in volume

The total building activity (private and public sector) for February 2024, regarding building permits issued, amounted to 2,744 permits

The ELSTAT survey on private building data covers permits, types of construction, type and characteristics of the building and its auxiliary spaces, and building usage, surface, volume and data

The clustering of buildings reduces the necessity for new infrastructure development; thereby minimizing environmental harm noted the same ministry official.

A noteworthy portion of Ukraine's current exports is facilitated by Greek-owned fleets, comprising 37.24% of total ships departing from Ukrainian ports and carrying 53.11% of the country's exported goods

The figures were released by the Hellenic Statistical Authority (ELSTAT) on Friday, part of the statistics authority’s survey on the Greek economy for the specific quarter.