Business Immo, the real estate website
Market Beat

Greece : Retail Snapshot - Q1 2013

Published on

A research produced by

Greece : Retail Snapshot - Q1 2013

The risk of Greece leaving the EU has significantly diminished, new funding has been released to improve the government’s fiscal position, however market uncertainty clearly remains. According to EL.STAT GDP recorded a decline of 5.7% year-on-year in Q4, contributing to an overall fall of 6.4% in GDP for 2012 as a whole compared to a contraction of 7.2% in 2011. The labour market is still struggling to recover with unemployment levels rising to 27.2% in January, up from 25.7% in December 2012.

Source : Cushman & Wakefield

This research is available only to BI or BIE subscribers

Please log in, or contact us to find out how to subscribe

Keywords : Cushman & Wakefield