In Greece, the level of timber trade is still restricted following the financial crises which came to a head in 2010 and led to a 25% reduction in total national GDP and an estimated 85% contraction of the wood sector. In 2017, Greek wood and wood furniture imports declined 2% to €420 million, after a 10% rise the year before. However, in 2018 investment in construction for the tourist sector, particularly for major hotel developments but also including the small private rental market, is giving the Greek timber industry a modest, but much needed boost, according ...
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