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Hoteliers staring at big drop in turnover as liquidity calls grow
EconomyFeaturesin liabilities have already been created in the form of returned sums to tour operators, travel agents
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Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
Economyon the services balance due to tourism will widen the current account deficit. Travel receipts account for 22 pct
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PM denies asylum-seeker pushbacks, argues Covid-19 under control
PoliticsGreek Politicsin the country in recent days have been associated with travel to Mykonos, while Halkidiki is thought
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GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
EconomyMacroeconomy, travel receipts fell by 87.5 percent to 678 million euros, marking a year-on-year loss of 4.74 billion
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Tourism boosted GDP by up to 33 pct in 2019, but low arrivals in 2020 could see economy shrink by 10 pct
EconomyFeaturesto travel globally. The recovery from this shock relies on both medical developments and economic
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Athens, Ankara dally over date for talks as Maas prepares fresh visit
PoliticsForeign Policysides still have some distance to travel before confidence can be restored. Maas returns This might
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Survey finds only 60 pct of hotels operated in the year so far
EconomyFeaturesseven months of the year, travel receipts fell by 86.2 percent to 1.26 billion euros. Visitor numbers
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EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in
EconomyMacroeconomyon the services sector and tourism, which are heavily affected by travel restrictions and social
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Newsletter 272 -06/11/2020
and tourism, which are heavily affected by travel restrictions and social distancing. The Commission
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Newsletter 273 -13/11/2020
in air travel and energy lead the decline for the month The CPI remains at its lowest rate since July
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