Features
Survey finds only 60 pct of hotels operated in the year so far
The Hellenic Chamber of Hotels (HCH) has released a new survey of its members which shows the troubled state of Greece’s hotel sector in the midst of the coronavirus pandemic.
WWF sets out road to green economic recovery in post-Covid landscape
WWF Greece has released a blueprint for Greece’s green recovery which outlines a number of steps for the government to take to improve the country’s environmental profile.
Microsoft deal welcomed as Greece vies for more foreign investments
Microsoft has announced plans to create three data centres in Greece in a much-needed boost for the country’s investment profile as part of its "GR for GRowth" initiative.
Latest air traffic data emphasises tourism's difficulties as 2019 data reveals bumper year
That latest air traffic data has highlighted what a terrible year the Greek tourism sector is going through, just as newly released 2019 figures highlighted an increase in arrivals and receipts last year.
Greek businesses under pressure due to late payments, survey shows
Intrum has released its latest European Payment Report (EPR) which outlines how late payments impact the business outlook across Europe.
Greek housing market at new juncture as Covid-19 shakes foundations
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At the end of 2019, the Greek property market was showing signs of a gradual recovery from the battering it received in the country’s decade-long financial crisis, and 2020 looked set to continue the trend.
Tourism boosted GDP by up to 33 pct in 2019, but low arrivals in 2020 could see economy shrink by 10 pct
The tourism industry helped Greece generate almost up to a third of its GDP last year, according to a new study, but the low number of arrivals this year could shave off a tenth of national output this year.
VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU
The European Commission's VAT Gap report has revealed that the European Union lost an estimated 140 billion in Value-Added Tax (VAT) revenues in 2018, equal to a total revenue loss of 11 percent across the EU.
Data shows export market shake-up amid pandemic
Greece’s exports have been impacted by the pandemic, though not all markets were hit in the same way according to the latest data.
Retail sector struggles through pandemic
Although it has been several months since the lockdown in Greece ended, the retail sector continues to bear the impact of the coronavirus pandemic.