As the Greek PM and tourism minister prepare to launch a promotional campaign for Greek tourism on Thursday, the government’s plan to attract visitors this summer is starting to come up against challenges of both a practical and a political nature.
The rise in the nominal value of apartments in Greece came to 6.9 percent year-on-year (YoY) in the first quarter (Q1) of 2020 from a revised increase of 7.6 percent in Q4 2019, Bank of Greece (BoG) data showed on Thursday.
Greece’s seasonally adjusted (SA) GDP fell by 1.6 percent quarter-on-quarter (QoQ) in the first quarter (Q1) of 2020 after a decrease of 0.7 percent in Q4 2019, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Thursday.
Greece’s early and aggressive tackling of the coronavirus pandemic in the country led to a drop in transmissions by 81 percent, a new study has shown.
Athens is examining all the diplomatic means at its disposal to respond to what it sees as mounting transgressions by Turkey.
Greek construction and energy group GEK Terna has released its financial statements for the year 2019 which showed that group revenue came to 1.16 billion, a decrease of 17.5 percent compared to the previous year.
A study by the Washington-based think tank, the Tax Foundation, has found that Greek families pay among the highest rates of tax out of OECD member states.
The European Commission has presented its proposal for a recovery fund to help EU countries stimulate their economies and overcome the impact of the coronavirus.