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to the course of the Greek economy.
Market experts hope that the stabilization of the
Greek economy and the removal of the scenario
concerning the country's exit from the Euro zone,
will establish those conditions that, with the help
of a series of measures, will lead to the sector's
recovery.
At the same time, more wide-ranging action is
needed in order to improve investor sentiment in
the property market. One of the top priorities is
expected to be the clarification of land uses
through the completion of the National Cadastre,
the preparation of a forest registry, and the imple-
mentation of the National Zoning Plan. The cli-
mate had deteriorated as a result of the
Environment Ministry's plan to ban residential
development outside town plans, which was final-
ly withdrawn.
The measures proposed by the responsible bod-
ies, which can provide a boost to construction in
Trade with Greece
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By Panayotis Efthimiades
Public works, as well as
construction, can reassert
their role as the Greek
economy's growth
engine. The formula of lax
building restrictions used
by other countries, as
well as by Greece, in the
past few years, can, sub-
ject to certain conditions,
put the economy back on
a growth trajectory.