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Travel balance increases by wide margin in June from last year's tourism collapse
EconomyMacroeconomyto 790.7 million euros for the month, increasing by 852 percent year-on-year (YoY). Travel payments
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ND and SYRIZA exchange broadsides, KINAL catches some flak
PoliticsGreek PoliticsThe government breezed through Sunday’s no confidence vote, as expected, following a three-day parliamentary debate that left Greek voters none the wiser about what went wrong in the response to the recent Elpis snowstorm, which was the starting point for SYRIZA tabling a censure motion last week
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Mitsotakis unveils property tax reduction, searches for pre-election narrative
PoliticsGreek PoliticsAfter taking a battering over the past few days due to the problems caused by the Elpis snowstorm and the extra political pressure caused by Sunday’s no confidence vote, the government launched on Wednesday its attempt to break out of what it sees as a damaging war of attrition with its political
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Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgrammeand lower pension replacement rates for new pensions, creating strong objections from a large number...-primary residence mortgages is allowed. The second phase includes the remaining NPLs (primary-home
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Clock ticks on bailout review but big gaps remain between Greece, lenders
EconomyProgrammethere is a strong possibility that it will try to find a way by which it will not have to pay out the money... corporate loans and non-primary residence mortgages. An agreement on the sale of the remaining NPLs
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Negotiations between Greece and lenders: state of play ahead of Eurogroup meeting
EconomyProgrammeand Saturday reaffirming their strong opposition to both reforms. As we have noted yesterday... from sales until the end of 2017 the primary-residence backed mortgages across all lending segments
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Brexit and Grexit – Britain’s referendum and Greece
Agoraof visa, work and residence permits for Grees and nationals of EU member states who want to work... this change of line from London, once a strong supporter of Turkey’s EU aspirations, means re-thinking
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Early tourism estimates point to increased airline pre-bookings and lower cruise passengers in 2017
EconomyMacroeconomyThe demand for airline travel to Greece remains very strong for 2017, particularly from German-speaking countries, according to INSETE, the Institute of the Greek Tourism Confederation (SETE... residence time from 10.7 to 7.8 days and the last-minute offers during the peak period last summer
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Travel receipts rise 4.7 pct in Dec, 2016 figure down 6.4 pct despite increased arrivals
EconomyMacroeconomyalso reflect a decrease in the average residence time from 10.7 to 7.8 days and the last-minute... arrivals dropped by 10.8 percent. The demand for airline travel to Greece remains strong for 2017
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Lenders set ambitious e-auction targets for Athens
EconomyProgrammecontracts and the need to create a strong payment culture. The ability to conduct auctions is a key tool... of the asset as a residence. According to the Compliance Report, “many of the disruptions have
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