Search
-
Govt lays out recovery plan to October, launches tourism roadmap
PoliticsGreek Politicsconnections. According to the plan, year-round hotels and campsites will open on June 1, followed... flights from countries with “good epidemiological criteria”, followed by regional airports on July 1
2% -
Newsletter 251 -22/05/2020
to the plan, year-round hotels and campsites will open on June 1, followed by summer season hotels... with “good epidemiological criteria”, followed by regional airports on July 1. Yachts will be able
2% -
Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingin the first half of 2019 stood at around 8 billion euros and catering came to around 1 billion euros... to the plan, year-round hotels and campsites will open on June 1, followed by summer season hotels
2% -
Govt pushes tourism message, digests EU stimulus proposal
PoliticsGreek Politicssuch as Thessaloniki, will resume on July 1. Year-round hotels and campsites are due to open on June 1
2% -
NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBankingoperations, results came to a loss of 1 million euros versus a loss of 571 million euros in Q4... quarter-on-quarter (QoQ) to 137 million. Year-on-year (YoY) fell by 1 percent compared to Q1 2019
2% -
Eurobank net profits at 56.8 mln in Q1
EconomyBankingin Q4. Capital The phased-in Common Equity Tier 1 (CET1) ratio came to 15.4 percent in Q1, while the fully-loaded Basel III CET 1 ratio reached 13.7 percent at the end of the quarter. Pro-forma
2% -
GDP falls by 1.6 pct QoQ in Q1 and by 0.9 pct YoY
EconomyMacroeconomycompared to YoY growth of 1 percent in Q4 2019. This marks the first YoY contraction recorded since Q2 2016... as rising by 1 percent. Final consumption represents the majority of GDP, making up around 90 percent
2% -
Distrust in news sources remains high, regardless of popularity
Societymedia brands, there was a slight increase of 1 percentage point (pps) in the use of Instagram... and Facebook dropped by 1 pps to 57 percent. Overall, Facebook remains the most popular social media
2% -
Unemployment drops to 16.2 pct in Q1, excluding furloughed workers
EconomyMacroeconomyin Q1, staying below the 1 million mark for an eighth consecutive quarter. The figure for those... unemployed (over 1 year) fell by 41,100 in Q1 compared to Q4 and came to 525,300. Out of the total, long
2% -
Tourism sector struggles as it prepares for full reopening in July
PoliticsGreek PoliticsGreek resort areas prepare to welcome the first tourists of the season, with regional airports due to reopen to international flights on July 1. Having missed out on a significant portion... until July 15, or a more conservative reopening to a limited number of countries on July 1. Such a move
2%