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Tourism sector struggles as it prepares for full reopening in July
PoliticsGreek Politics. Visitors to Greece have slowed to a trickle during the lockdown, with foreign arrivals down 96.2... Pappas in light of audio evidence hinting at his knowledge of corruption at the highest level during... of 800 euros in March, and many do not expect to find jobs this season. The association estimates
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PM sees 'new Greece' rising from Hellinikon rubble, pledges more aid for struggling firms
PoliticsGreek Politicshad been one of the flagship investment projects identified by Mitsotakis during last year’s... the ground. For instance, Mitsotakis had pledged to oversee demolition work at Hellinikon during his first... any contributions for their employees between July and October. The local media estimates
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Higher Covid-19 numbers spark concern as tourism sees little benefit from visitor arrivals
PoliticsGreek Politicsduring the same period in 2019. The latest industry estimates refer to a maximum occupancy rate.... During the first 10 days in July, 196 cases related to travel were recorded out of 326 in total
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Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
PoliticsGreek Politicsof this is owed by individuals and two thirds by legal entities. During the previous crisis... for a formula that would avoid Greeks who built up debts during the crisis losing their assets and being left... will end up at 8 pct of GDP, although other estimates put it at around 10 pct. The GDP data from
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Tsipras looks for fresh start as Mitsotakis holds election cards
PoliticsGreek Politicsdebt, Tsipras also proposed the partial writedown of personal and corporate debt which amassed during.... It was also noticeable that during his speech on Saturday, the colour green was visible... might wait until the end of the four-year term in 2023 to go to the polls. With some estimates
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Newsletter 313 - 22/10/2021
during a TV interview that any prospect for a one-off bonus to low earners and pensioners is out.... During the summer, the government announced a minimum wage increase of 2 pct, taking the basic salary... highlighted by IOBE when the think-tank presented its latest estimates with strong recovery
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S&P holds off on new rating upgrade, ECB holds key to investment grade
Economy, closing the year with a ‘BB’ grade and positive outlook. The agency had said during its latest rating... notch during the pandemic, moving it up to ‘Ba3’ in November last year, one notch behind the other two... rating upgrade if growth surprises positively against estimates or is stronger than peers
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Newsletter 322 - 07/01/2022
, during which the spread of the Omicron variant led to the number of new infections passing the 50,000... message. He argued that although the pandemic remains a threat, during 2021 roughly 80 pct... estimates for the new year are not seen changing, at least at this stage. Data from South Africa, where
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Newsletter 357 - 04/11/2022
of scoring political points because it is trailing New Democracy in the opinion polls. During a visit... to compound the recent trend, potentially bringing it back to the levels of 6.5 seen during the peak... and it is only after subsidies that the price drops closer to European peers. The government estimates
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Newsletter 368 - 03/02/2023
, during which Mitsotakis accused Tsipras of being part of a shadowy network trying to destabilise... contender with a realistic shot at taking office, during its tenure in 2015-2019 outperformed all..., with the prospect of higher growth than initial estimates assuming no severe geopolitical developments
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