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Hotel owners sound warning over Thomas Cook revenue losses
EconomyFeatureswere 1, 2 or 3 star establishments, 32 percent were 4 start and 21 percent were 5 star. The lower.... Specifically, the amount of turnover generated via Thomas Cook for 1, 2 and 3 star hotels came... multiplier effect is added in, which estimates that for every 1 euro of tourism revenue generated
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Lockdown reduced spread of Covid-19 by 80 pct, research indicates
Society. The R number is considered important by epidemiologists because once the number rises above 1, it is considered that there is a risk of an epidemic. When the R number remains under 1, the risk... estimated that the impact of the lockdown was so extensive that it would have reduced the R number to 1
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Newsletter 254 -19/06/2020
of State Giorgos Gerapetritis hinted that the changes may be announced sometime after July 1, once... to be announced between July 1 and the Thessaloniki Expo in early September, with more precise... quarter-on-quarter (QoQ). The number of unemployed came to 745,093 in Q1, staying below the 1 million
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBanking) in H1 came to 727 million, up by 1 percent YoY, mainly on the back of improving funding costs... million euros. In Q2, operating expenses came to 255 million, down by 14 percent YoY and 1 percent... improved to 83 percent versys 85 percent a year earlier. Capital The Common Equity Tier 1 (CET1) ratio
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Newsletter 277 -11/12/2020
slight 1 million. 2 Unemployment rate at 16.1 pct in Sept Rate for same period in 2019 stood at 16.9... by 1.04 bln month-on-month as debtors rise New tax debt totalled 4.94 billion, lower than the figure... at 107.41 billion. This represents a rise of just under 1 billion euros month-on-month. CPI falls
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Greek fiscal deficits and debt since 2000
Agora. There are other operations (Table 1 below) that can change the stock of debt without affecting... overall debt and, beyond debt, the state’s net worth.[1] Data in the general government bulletin... for the period 2000-2020 to see if these numbers tell us a plausible story. Table 1 summarizes
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Public sector capital stock in Greece and the Euro-19
Agorain fixed capital stock is important for the wellbeing of all citizens. Figure 1 below shows two lines... spending in the economy as a whole.[1] Benchmarking. Similar calculations of the size of a public sector... to Debt Sustainability" published in 2020. Jens Bastian is senior policy advisor at ELIAMEP. [1
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Newsletter 335 - 15/04/2022
taxes were rising by a rate of 1 billion euros monthly. It was always a concern that households.... Health Minister Thanos Plevris announced that from May 1 vaccination certificates will not be needed... will be able to operate at full capacity. From June 1, masks will not have to be worn indoors
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Newsletter 349 - 02/09/2022
, bringing the ruling party’s backing down to 31.4 pct. Support for SYRIZA has edged up by almost 1 point to 25.1, while PASOK saw an increase of 1 point to 12.1. There was little change among the other... of the Transition Fund are not expected to exceed 1 billion euros in September, which means that the state budget
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Reflections on Greece's balance of payments
Agoraof payments.[1] We can also say that Y - C = S: income minus consumption equals “savings” in the economy... to the balance of payments. This institution was called the “International Monetary Fund.” Figure 1 below.... The solid line repeats the current account balance from Figure 1. The dashed line shows the government
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