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Efficiency Of The Construction Sector In Greece

Author

Listed:
  • Athanasios Pardalis

    (Faculty of Economics, South-West University, "Neofit Rilski", Blagoevgrad, Bulgaria)

Abstract

The crisis in the construction sector is deep and may become permanent. It is highlighted by the reduction in building permits, the shrinkage of the Public Investments Program, the over 40% discounts (on average) granted in public works, in order to sustain contractor enterprises, the significant drop of structural materials industries and smaller businesses turnover and of course the reduction of their exports. In a period of negative developments and bleak future predictions for the entire economy and hence the sector, the analysis of the financial course of companies active in it and the reaching of conclusions for the general course of the Construction sector, should be sought in order to reveal co-dependence relations between sectors and prospects or opportunities. The object of the current thesis is the evaluation of the construction sector's financial status in Greece. The analysis provided will allow us to evaluate the development and efficiency of the Construction sector in general.

Suggested Citation

  • Athanasios Pardalis, 2017. "Efficiency Of The Construction Sector In Greece," Entrepreneurship, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 5(1), pages 32-46.
    • Handle: RePEc:neo:epjour:v:5:y:2017:i:1:p:32-46
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    More about this item

    Keywords

    construction sector; efficiency; analysis;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction

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