Calamos Supports Greece

Greek construction

Considerable Decline in Greek Construction Industry

The Greek construction industry has shown a considerable decline since 2012, according to data provided by the Hellenic Statistical Authority (ELSTAT). In December 2013, private construction activity in Greece amounted to 1,250 construction permits, totaling an area of 203,300 square...

Greek Construction Shrinks for Sixth Year in 2011

Greek construction shrank for a sixth consecutive year in 2011 and is unlikely to recover in 2012, hit by a tax onslaught and an investment slump caused by EU/IMF-imposed austerity policies, statistics service (ELSTAT) data showed on Thursday. Building activity in...