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  1. Tourism sector struggles as it prepares for full reopening in July
    Photo by MacroPolis

    PoliticsGreek Politics

    by the story of the 9-year-old daughter of an unemployed hotel worker in Rhodes apparently fainting... dependent on seasonal tourism. Commenting on the story on ERT TV, the president of the hotel... that up to 40,000 workers in hotel and catering on the island are unemployed, while just 15 percent

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  2. Opposition takes aim at justice minister over offshore holdings amendment
    Photo by MacroPolis

    PoliticsGreek Politics

    of politicians and certain classes of senior officials from holding shares in jurisdictions which could...The government is being accused of trying to water down the restrictions on the holdings... holdings abroad, something that was previously not allowed. Critics of the amendment claim

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  3. PPC general meeting approves unbundling of ADMIE

    EconomyMacroeconomy

    agenda was the establishment of a holding company, the transfer of a 51 percent stake in ADMIE..., provision of guarantees from the holding company (Energiaki Holding SA) and assignment of existing... to the holding company stands at 491.84 million euros and this amount would constitute the share capital

    13%

  4. Refugee influx pushes Tsipras towards crisis nexus

    Agora

    . In comments to the Wall Street Journal between a multitude of appearances at the sidelines of the United... indicated in his comments to the Wall Street Journal. The European Union has also had somewhat

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  5. Equivocal Macedonia name referendum leaves Athens hanging on as views differ

    PoliticsGreek Politics

    settlement in the months to come or whether the process has hit a brick wall as a result of the turnout... Agreement may hit a brick wall. If Zaev somehow manages to make headway, the prospect of the pact

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  6. Government seeks to appease banks over ADMIE privatisation

    EconomyMacroeconomy

    from PPC, the establishment of a holding company, PPC transferring to that company a 51 percent stake... general meeting (EGM) on January 12 to approve the establishment of a holding company, the transfer... in ADMIE that is due to be transferred to the holding company. According to the study, the medium

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  7. Greek union data suggest workers get paid late or in kind

    Society

    is up to 13 months. One in two hotel companies that operate for the whole year is said... or other products. In other cases, payment in kind may mean “free” hotel accommodation or daily meals

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  8. Greece moves closer to troika over fiscal gap, waits for response
    Photo by MacroPolis

    EconomyProgramme

    citing government sources indicate that the key measures relate to increasing the VAT rate on hotel... that the resulting higher cost for hotel services from the rise of VAT to 13 percent would lead to 2.6 million

    12%

  9. Accommodation and food services index up 7.6 pct in Q3
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    , the recent government proposal to double the hotel VAT rate to 13 percent, aligning... results. Responding to the ministry’s proposal, SETE underlined that the higher cost for hotel services

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  10. Greek travel receipts continued upward course in October, rising by 4.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    fiscal gap of 2.5 billion - to double the hotel VAT rate to 13 percent, aligning... negative effects are only temporal. In contrast, SETE stressed that the higher cost for hotel services

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