Search
-
Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July
EconomyMacroeconomyhigh of 4.71 billion in January. The strong revenue rebound is mainly attributed to the payment... than offsetting lower property taxes (by 246 million) and other income tax (by 178 million... attributed to the exceptionally strong revenues of 2.2 billion posted in the corresponding month last year
5% -
Tourist arrivals up 23.5 pct in October as 2014 overall target rises to 23 mln
Economyat 2.5 million for the whole year from 2.2 million in 2013. The better than expected figures in all... the strong growth figures, SETE highlights two encouraging trends of the evolution of this year’s..., mainly led by strong tourism.
5% -
Accommodation and food services index up 7.6 pct in Q3
EconomyMacroeconomy23.5 percent in October and 15 percent in the 10-month period. Following October’s strong... euros for 2014. Although all current indications point to another strong performance in 2015... the negative impact on employment since for each 1 million fewer tourists, more than 30,000 jobs
5% -
Greek travel receipts continued upward course in October, rising by 4.6 pct
EconomyMacroeconomyto 11.3 billion, corresponding to an increase by more than 1 billion compared to last year’s figure... to 20.83 million. Nevertheless, that strong performance was counterbalanced by a 9 percent fall... are seen at 14 billion for 2014. Although all current indications point to another strong tourism
5% -
Tsipras sticks to pre-election pledges as eurozone negotiations loom
PoliticsGreek Politicsmonthly pension for retirees earning less than 700 euros per month. · Not raising retirement ages... of these for a short- and long-term deal with the eurozone. He will certainly receive strong public support... as a barometer for deciding its stance in these talks. So far, it has received strong backing. A rare pro
5% -
Travel receipts increase 16.2 pct in Feb as arrivals shoot up by 56.2 pct
EconomyMacroeconomyattributed to soaring international tourist arrivals (up 56.2 percent) to 509,200. However, this strong... down to surging international tourist arrivals (up 52.7 percent) to 1.12 million more than... for international tourist arrivals at the main Greek airports, which showed the strong momentum
5% -
Greek stock market loses 1.8 pct in week of mixed messages, Q1 results
Economyand more than 7 percent above consensus. Sales rose by 18.4 percent to 1.14 billion, while EBITDA.... On Wednesday, Mytilineos posted a strong growth in Q1 net profit by almost 50 percent to 22.8 million... profits of 55 million from losses of 19 million a year ago, also due to a strong refining performance
5% -
Travel receipts up 17 pct in May as average expenditure per trip rebounds
EconomyMacroeconomybillion, up 20.6 percent continuing its strong growth in the course of this year. This is fully driven by soaring international tourist arrivals (up 27.1 percent) to 2.53 million more than offsetting.... The breakdown of inbound tourist activity showed strong growth rates in arrivals from the UK (+45.6 percent
5% -
Portuguese election: Where those who lost may decide
Agorais that it will probably be those who lost that will clear up this uncertainty rather than the election winners... fueled by low oil prices; and the positive external balance was achieved through a strong reduction... process, is looking for survival. Starting from within his own party, which is showing already strong
5% -
Greek stocks up by 1.3 pct this week on banks’ 12.4 pct rebound
Economygained 12.4 percent this week, largely due to the positive reaction on Thursday, following a strong... of more than 64 percent. Three of the four systemic banks were the top gainers this week, with Alpha... (+3.3 percent). On the other side of the spectrum, Eurobank recorded strong losses (-12.5 percent
5%