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  1. Newsletter 134

    Newsletters

    to continue growing by 4.7 percent, which is expected to outpace the anticipated import rise of 4.4... won the right to build offices, shopping centres and apartments on the site is paying some 900

    17%

  2. Newsletter 254 -19/06/2020

    Newsletters

    and investigation activities (-4.4 percent) and postal and courier activities (-3.4 percent). On a quarter... will be completed by the end of July. However, experts have pointed out that the provision of apartments

    17%

  3. Tourism could give economy annual 5 bln boost, NBG report finds
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyFeatures

    season between June to September resulted in annual Greek hotel occupancy rates of 27 percent... investments of around 1.2 billion are required annually. This would essentially return hotel investments...). An upgrade in infrastructure is in turn likely to attract higher income tourists and thus boost both hotel

    17%

  4. Short-term rentals raise rents by average of 8.3 pct, study indicates
    Photo by MacroPolis

    EconomyFeatures

    having been captured by the hotel industry such as hotel tax, the study showed that the net loss... lost was connected to hotels, and would therefore have generated jobs in the hotel industry, Grant... in the short-term rental market and hotel industry and reduce their negative social impact

    17%

  5. Covid-19 impact on tourism sector set to be extensive, report suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    . Domestic flight spending is expected to drop by 79 percent and spending on hotel and resort stays... on domestic flights. Spending on hotel and resort stays is expected to fall by 79 percent. In addition... hotel industry. It showed that 65 percent of year-round hotels and 52 percent of seasonal hotels felt

    17%

  6. Hoteliers staring at big drop in turnover as liquidity calls grow
    Photo by MacroPolis

    EconomyFeatures

    of the coronavirus pandemic on the country’s hotel industry, which shows that the hotel market has shown... being a brake on hotel results.” He added that goal for 2020 now remained to salvage what could... as the available funds were not reaching the hotel industry fast enough.

    17%

  7. Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow

    EconomyMacroeconomy

    loans by 2.07 billion and EFSF/ESM/IMF loans’ redemptions of 611 million. The gross debt structure

    17%

  8. Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct

    Economy

    to 622 million, slightly above the 611 million target. One of the first interventions announced

    17%

  9. Reported widening of revenue shortfall in Feb as liquidity worries persist

    Economy

    in January and stood at 622 million, slightly above target of 611 million. Lower income from

    17%

  10. General govt primary cash surplus falls to 2.6 bln in 2-month, arrears up for second month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . In contrast, the respective figure for the state budget dropped by 611 million to 1.63 billion

    17%