The decline in construction activity continued in July, as Hellenic Statistical Authority (ELSTAT) data showed on Thursday that the figure of new building permits fell by 14.1 percent from July 2010.
The surface area that the permits were issued for also shrank further, by 27.3 percent on an annual basis, as the market adjusts to buyers’ demands for smaller houses due to the economic crisis.
Construction activity has been weakening since 2007, but the rate of decline has been increasing in the last couple of years.
The first stage of an architectural competition for a new urban development project for central Athens, aimed at rejuvenating neglected parts of the capital, is to be launched next week, acc...
The president of the Council of State, Panayiotis Pikrammenos, was Thursday appointed to lead a caretaker government to take the country to fresh elections.
During his visit to President Kar...
Panathinaikos beat Atromitos and AEK defeated PAOK on Wednesday for the Super League playoffs to set up what will essentially be a final for a place in next season's Champions League on Sund...
By George Georgakopoulos & Spyridoula Spanea
Kathimerini English Edition
With the London Olympics just weeks away, sports fans are particularly concerned about how clean athletes will be in ...
President Karolos Papoulias was correct to stress to party leaders the unusually large amount of savings being withdrawn from Greek banks over the past few days but this also caused some unn...
Re: Dutchman, 78, hurt in Monemvasia attack
Even if Greece were a centipede, with that many shots in its own foot, it would not be able to run a single inch.
Sebastian Schroeder
Patra
Does a...
