"Greece Infrastructure Report Q2 2014" Is Now Available at Fast Market Research
The Greek construction industry experienced yet another year of contraction in 2013 and we do not expect a tentative recovery before 2017. Throughout 2014 the downturn will be evident in both the housing and infrastructure segments, as reduced spending on planned projects and diminished demand from the private sector (owing to higher property taxes, tight credit and rising unemployment) discourage investors from returning to the market. We see little scope for a quick rebound in the construction industry during our...
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