Search
-
Newsletter 478 - 03/10/2025
to a near two-year low amid vendor discounting. Firms raised selling prices modestly, with one
15% -
Manufacturing continues to expand in Dec as PMI sees minor rise
EconomyMacroeconomyto supply chain developments”, commented S&P analysts. "Strikes and protests in December hampered vendor
15% -
PMI starts 2026 strongly, despite cost and supply chain pressures
EconomyMacroeconomyblockages, and international logistics disruptions led to longer input lead times, with vendor performance
15% -
Newsletter 493 - 06/02/2026
disruptions, leading to the largest vendor performance deterioration since August 2024. Manufacturers
15% -
Greek union data suggest workers get paid late or in kind
Societyis 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
15% -
Greece moves closer to troika over fiscal gap, waits for response
EconomyProgrammeciting 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
15% -
Accommodation and food services index up 7.6 pct in Q3
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
15% -
Greek travel receipts continued upward course in October, rising by 4.6 pct
EconomyMacroeconomyfiscal 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
15% -
Proposed VAT overhaul a stepping stone towards agreement with lenders?
EconomyProgrammecurrently two main VAT rates at 13 and 23 percent and a lower rate of 6.5 percent for hotel... on hotel accommodation since prices would be set for an 8 percent increase. Smaller price increases
15% -
Greece close to agreement that would unlock sale of Astir Vouliagmenis
Economyhotel (85.35 percent owned by NBG) and the Vouliagmeni marina (fully owned by Astir Palace) with the total size of the hotel complex at 120,000 square meters. Market sources indicate that NBG would
15%