
The Hellenic Statistical Authority (ELSTAT) announces the final data, for the month December 2021, of the Building Activity Survey. More specifically:
The Total Building Activity (private-public) in Greece, in December 2021 which is calculated on the basis of the number of issued building permits, amounted to 2,170. This figure corresponds to 513.0 thousand m2 of surface and , 257.8 thousand m3 of volume, reflecting, respectively, a 18.3% increase in the number of building permits, a 3.1% increase in surface and a 13.1% increase in volume, compared with the corresponding month of 2020.
The building permits for the Private Building Activity issued in Greece in December 2021 amounted to 2,152. This figure corresponds to 502.5 thousand m2 of surface and 2,221.4 thousand m3 of volume. In comparison with the same month of 2020 there is a 18.2% increase in the number of building permits, a 4.1% increase in surface and a 14.1% increase in volume.

The building permits for the Public Building Activity issued in Greece in December 2021 amounted to 18. This figure corresponds to 10.5 thousand m2 of surface and 36.4 thousand m3 of volume. Public Building Activity accounted for 1.6% of the total building volume in December 2021.
In the last twelve months, from January 2021 until December 2021, Total Building Activity (private-public) in Greece, calculated on the basis of the number of issued building permits, amounted to 23,970. This figure corresponds to 6,055.3 thousand m2 of surface and 25,627.1 thousand m3 of volume. In comparison with the corresponding period from January 2020 until December 2020, there is a 26.6% increase in the number of building permits, a 46.6% increase in surface and a 45.7% increase in volume.

In the same period, from January 2021 until December 2021, Private Building Activity in Greece recorded a 26.8% increase in the number of issued building permits, a 47.2% increase in surface and a 45.9% increase in volume, compared with the corresponding period from January 2020 to December 2020 (Table 4). During the same period, Public Building Activity accounted for 2.1% of the total building volume.


Latest News

Greece’s Top Unions Announce April 9 Nationwide Strike
As of now, there is no official announcement on whether workers in public transport systems will join the strike, leaving questions about the availability of buses, metro, and trams on the day.

PM Mitsotakis to Chair New Democracy’s Committee Meeting
Today’s meeting is seen as a crucial opportunity to halt internal disputes within ND and reaffirm unity within the party.

Trump Tariffs Jeopardize Growth: Piraeus Chamber of Commerce
The tariffs, aimed at reducing the U.S. trade deficit, are expected to have both direct and indirect effects on the European economy

EU Condemns Trump Tariffs, Prepares to Retaliate
As tensions escalate, the EU is expected to continue negotiations with Washington while preparing for potential economic retaliation.

The Likely Impact of Trump Tariffs on Europe and Greece
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.

Motor Oil Results for 2024: Adjusted EBITDA of 995 mln€; Proposed Dividend of 1.4€ Per Share
Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year

Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.

Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses

Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.

Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February