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  1. Special tax structure would benefit hotels and jobs, bank argues
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    quoted in the report, the hotel industry in Greece has undergone strong growth since 2004. In 2004... duty, etc) may be due for the foreign investor. Greece’s hotel industry has been voicing concern

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  2. Fitch upgrades Greek rating to 'BB-', three notches from investment grade
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    . At the same time, the confidence in the system is improving and the stress tests in May did not reveal... uncertainty and a strong tourism season. Fitch expects this deposit growth trend to continue. Looking forward

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  3. Travel balance increases by 16 pct in June and 19.5 pct in first half of year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance rose by 16 percent in June, slowing from an increase of 38.2 percent in May, Bank of Greece (BoG) data revealed on Tuesday. Receipts came to 2.33 billion euros for the month... lower than receipts at 157.7 million. As a result, the travel balance came to a strong surplus of 2.17

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  4. Focus turns to first post-MoU visit by creditors and talks on pension cuts
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    strong and there is no fiscal balance or sustainability issue for the future,” she said. “Greece’s... plans to make. Athens is eyeing a package of between 700 and 750 million euros, which may be announced

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  5. Parties take another look at granting vote to Greek expats
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    the opposition, may end decades of fruitless debate on the diaspora vote and give a voice to the numerous...-district, which had historically met with strong internal opposition within all governing parties

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  6. Lenders set to keep coalition waiting for answer on pension cuts
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    just an adviser to the European lenders, is adamant that there are strong structural reasons..., the possibility of snap elections being held in May, before or with the European Parliament and local polls, have

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  7. ANEL leader under scrutiny due to party unrest, questions over refugee funds
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the height of the anti-austerity sentiment in Greece, may have run its course now that the country has... complaint filed by Kammenos led to three journalists being detained overnight, prompting strong

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  8. Privatisation revenues edge upward as end-of-year deadline looms
    Photo by Giannis Papanikos/Fosphotos

    EconomyFeatures

    against a barrage of delays, before it was announced by the HRADF in May that seven investors had... in particular were proving very attractive to foreign investors and would be a strong revenue

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

    PoliticsGreek Politics

    Minister Zoran Zaev had been hoping that a strong turnout would give the deal legitimacy and force his... Agreement may hit a brick wall. If Zaev somehow manages to make headway, the prospect of the pact

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  10. Car sales drop by 0.8 pct in September
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . September’s figure is the first time since May 2017 that car sales figures have declined rather than... years is the renewal of rent-a-car fleets, combined with strong tourism figures and the gradual

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